The Bank Indonesia Board of Governors agreed to hold key interest rate at 4.25%, effective 15th December 2017.
” BANK INDONESIA HOLDs KEY RATE AT 4.25% “
The policy is consistent with efforts to maintain macroeconomic and financial system stability, while also building domestic economic recovery momentum by considering the latest global and national economic dynamics. Bank Indonesia perceives the previous easing of monetary policy as sufficient to continue driving the economic recovery process against a backdrop of increasingly robust macroeconomic stability.
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