Bank Indonesia maintains benchmark interest rate

A meeting of the Board of Governors of Bank Indonesia October 18-19, 2017 decided to maintain its benchmark interest rate of “7-Day Reverse Repo Rate” at 4.25 percent after cutting it in two consecutive months in August and September 2017 respectively by 25 basis points.

“The interest rate on Deposit Facility was set at 3.5 percent and Lending Facility at 5 percent,” Assistant Governor, head of the department of economic and monetary policy Dody Budi Waluyo di Jakarta, said here on Thursday.

 

The post Bank Indonesia maintains benchmark interest rate appeared first on Retail News Indonesia.

EcomEye.com Southeast Asia eCommerceMinh Buii (Minz) @ EcomEye interviews top founders/investors/experts to share their insights about How to scale up a startup/raise fund/build a team/expand to a new market. Minh also writes his own growth-hacking thought on How a retailer goes ecommerce, execute O2O strategy, boosting traffic to a website/app, improving conversion rate & online revenue from his hands-on skills (strategic positioning, SEO, social media, content marketing) in different startups and corporates,… All about Growth-Hacking eCommerce in Southeast Asia
Get new exclusive insight alert with thoudsands of eCommerce Insiders?