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Bank Indonesia Holds Rate Steady to Guard Vulnerable Currency.

Authors :
Sihombing, Grace
Jiao, Claire
Source :
Bloomberg.com; 8/19/2021, pN.PAG-N.PAG, 1p
Publication Year :
2021

Abstract

(Bloomberg) -- Indonesia's central bank left its benchmark interest rate unchanged to protect the currency amid high uncertainty about the course of the pandemic and prospects for an economic recovery. Bank Indonesia kept the seven-day reverse repurchase rate at 3.5% on Thursday, as all 28 analysts in a Bloomberg survey expected. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
152011816