SUBSCRIBERS

Bank Indonesia steps up stimulus in fourth rate cut of 2016

Central bank likely bracing itself for any fallout from an increase in risk aversion

Fri, Jun 17, 2016 - 5:50 AM

Jakarta

INDONESIA'S central bank cut its benchmark interest rate for the fourth time this year, indicating its willingness to support economic growth in the face of mounting global risks.

Governor Agus Martowardojo and his board cut the reference rate by 25 basis points to 6.5 per...

To continue reading

for full content

if you are a subscriber

Get our introductory offer at only

$0 .99*/month

Cancel anytime

*$0.99/month for first 3 months

$29.90/month for the next 9 months

Need help?

CALL +65 6388 3838 EMAIL btocs@sph.com.sg

OPERATING HOURS (+8 GMT) MON-FRI: 8:30AM-5:30PM

Register to read this article. Log in if you are already a subscriber. Register to read this article. Log in if you are already a subscriber. Please log in or subscribe to continue reading.