BI says it doesn't have the luxury to go against market
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Jakarta
INDONESIA'S central bank doesn't have the luxury to go against what is happening in the global financial market, its senior deputy governor said, suggesting that Bank Indonesia (BI) would keep its policy tight this month.
BI kept its key interest rate on hold at 7.50 per cent in the eve of the US Federal Reserve's meeting this month, but analysts have said it has scope to cut sometime this year.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
