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Bank Indonesia keeps rates on hold, as expected

The Star Business LogoThe Star Business1w ago

Bank Indonesia keeps rates on hold, as expected

Quick Summary

JAKARTA: Indonesia's central bank left interest rates at a record low on Thursday, balancing the need to support economic growth while maintaining stability in the rupiah currency.

It also left unchanged the overnight deposit and lending facility rates at 2.75% and 4.25%.

The entrance to the Bank Indonesia headquarters in Jakarta.


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Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: Banking Bank Indonesia Interest rates /Business/Business News Repo Rate

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 15:33:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 1 minutes read

Article Length: 78 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 5571

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website: thestar.com.my

Update Frequency: 18 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1d ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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