Indonesia Central Bank Holds Benchmark Interest Rate at 3.5%
[Asia Economy Reporter Geum Bo-ryeong] The Central Bank of Indonesia (BI) has kept the benchmark interest rate unchanged.
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On the 18th (local time), the Central Bank of Indonesia decided to maintain the 7-day reverse repurchase agreement rate at 3.50%. The benchmark interest rate has been repeatedly held steady since it was lowered to 3.50% in February.
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