Bank Indonesia to Raise its Benchmark Interest Rate to 4.75 Percent
Bank Indonesia (BI) Board of Governors Meeting (RDG), chaired by Governor of BI Perry Warjiyo, in Jakarta on Wednesday (30/5), decided to raise 3 (three) components: BI 7-Day Reverse Repo Rate by 25 bps to 4.75% from the previous 4.50%, Deposit Facility (DF) interest rate by 25 bps to 4.00%, and the Lending Facility (LF) […]