The decision is consistent with the low inflation forecast and efforts to maintain the rupiah’s stable exchange rate and boost national economic recovery.
Jakarta (ANTARA) – During a meeting on Thursday, Bank Indonesia’s board of governors decided to leave the BI Seven-Day Reverse Repo Rate (BI7DRRR) unchanged at a record low of 3.5 percent.
“The decision is consistent with the low inflation forecast and efforts to maintain the rupiah’s stable exchange rate and boost national economic recovery,” Bank Indonesia (BI) Governor Perry Warjiyo said at an online press conference here on Thursday.
He assured that the central bank will make optimum use of the monetary and accommodative micro-prudential policy mix and accelerate payment system digitalization to support…
