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Indonesian Central Bank Cuts Rate for 3rd Time in 3 Months, In-line
Indonesia's central bank has axed the interest rate for the third time in three months, in-line with market estimates.The bank cut the seven-day reverse repurchase rate by 25 b...
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Indonesian Central Bank Cuts Rate for 3rd Time in 3 Months, In-line
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2019/09/19 15:56
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Indonesia's central bank has axed the interest rate for the third time in three months, in-line with market estimates.

The bank cut the seven-day reverse repurchase rate by 25 bps to 5.25%. It also lowered two major interest rates, including over-night savings and rate for credit tools by 25 bps respectively to 4.5% and 6%.
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