Bank Indonesia Boosts Market Operations and Cuts Rate

Posted on 03/19/2020

Bank Indonesia, Indonesia’s central bank, cut the 7-day reverse repurchase rate by 25 basis points to 4.50%, the lowest since April 2018. Governor Perry Warjiyo informed the public the central bank has room for a steeper cut. This was Bank Indonesia’s second cut in 2020 and the sixth in the current easing cycle. Other Measures […]

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