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Jakarta Post
The Jakarta Post
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Releasing the head without holding the tail

Jakarta | Wed, February 14, 2018 | 12:31 pm
Releasing the head without holding the tail Bank Indonesia has its headquarters on Jl. MH Thamrin in Central Jakarta. (JP/Wienda Parwitasari)

PREMIUM The limited room for a policy rate cut does not dampen the spirit of Bank Indonesia (BI) to loosen its monetary policy. The central bank’s board of governors’ meeting in the middle of January opened the 2018 sheet by relaxing some macro prudential policies. First, BI refined the primary reserve requirement (RR). The RR in rupiah for commercial banks that had originally been set at 5...

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