You are here

Indonesia cuts key rate to help weak economy


INDONESIA'S central bank, which resisted cutting its benchmark interest rate for months, did so on Thursday in a bid to lift an economy growing at its slowest rate in six years.

The benchmark policy rate was lowered by 25 basis points to 7.25 per cent, while the overnight

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom