Bank Indonesia Holds Key Interest Rate at 4.25%
Jakarta | 19th October 2017
The Bank Indonesia Board of Governors agreed to hold key interest rate at 4.25%, effective 20th October 2017.
” BANK INDONESIA Holds KEY RATE AT 4.25% “
The decision was consistent with efforts to maintain macroeconomic and financial system stability, while stimulating the domestic economic recovery but remaining mindful of prevailing domestic and global economic dynamics. The current policy rate is considered adequate to maintain inflation within the target corridor and current account deficit at a sound level.
Official Press Release by Bank Indonesia
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