Bank Indonesia says there is room to cut interest rate further
[JAKARTA] Bank Indonesia has room to resume its interest rate cutting cycle to support economic growth, but such decisions will be data dependent, senior deputy governor Destry Damayanti said on Tuesday.
The central bank cut interest rates by a total of 150 bps between September 2024 to September 2025. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
With tech for fact-checking to cancer care, Singapore startups aim beyond home
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
