Jumat, Juli 19, 2019

BI Reduces Several Interest Rates

In line with the estimated low inflation rate and in a bid to encourage national economic growth, Bank Indonesia (“BI”) has decided to reduce the benchmark interest rate for the BI 7-day Reverse Repo Rate (BI7DRR) by 25 basis points (bps), from 6.00% to 5.75%.
In addition to reducing the BI7DDR benchmark interest rate, BI has also reduced the Deposit Facility interest rate to 5.00% and the Lending Facility interest rate to 6.50%.
According to the Executive-Director of BI’s Department of Communication, monetary operation strategies are being aimed at ensuring money market liquidity and strengthening accommodative monetary policy transmission.

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

Professional Solutions

University Solutions

Pro

Rp 5.000.000 /bulan

Lihat Detail

Pro AI

Terfavorit

Rp 8.200.000 /bulan

Lihat Detail

Pro Compliance

New

Rp 12.500.000 /bulan

Lihat Detail

*Syarat dan ketentuan berlaku

In line with the estimated low inflation rate and in a bid to encourage national economic growth, Bank Indonesia (“BI”) has decided to reduce the benchmark interest rate for the BI 7-day Reverse Repo Rate (BI7DRR) by 25 basis points (bps), from 6.00% to 5.75%.
In addition to reducing the BI7DDR benchmark interest rate, BI has also reduced the Deposit Facility interest rate to 5.00% and the Lending Facility interest rate to 6.50%.
According to the Executive-Director of BI’s Department of Communication, monetary operation strategies are being aimed at ensuring money market liquidity and strengthening accommodative monetary policy transmission.

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

Professional Solutions

University Solutions

Pro

Rp 5.000.000 /bulan