Indonesia cuts again

bank-indonesia

Bank Indonesia lowered its benchmark rate by a quarter point to 6.5% on Wednesday on signs inflation would continue to fall.

The central bank said inflation would continue to decline as domestic demand was anaemic and inflation expectations had also fallen.

Inflation fell to 2.71% in the year to July - a nine-year low.

The central bank has now cut rates for nine straight months. However, it indicated that Wednesday's cut may be the final one of this year, warning that inflationary pressures were

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: