SUBSCRIBERS

BI says it doesn't have the luxury to go against market

Published Mon, Mar 30, 2015 · 09:50 PM

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.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

International

Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal

International

International

BI says it doesn't have the luxury to go against market

International

Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia

Vietnam tycoon appeals against US$27 billion fraud death sentence

US announces new restrictions on firearm exports

Central banks will probably only cut half as much as they hiked

US consumer sentiment falls as inflation expectations climb

HSBC wins £1.3 billion suit over Disney film finance scandal

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT