Challenges loom ahead of new benchmark rate policy
The Jakarta Post
Bank Indonesia’s (BI) monetary policy is likely to face a rocky road in terms of its effect on real sectors despite high hopes that the upcoming new benchmark rate will smoothen such transmission.
The central bank is planning to implement the seven-day reverse repurchase (repo) rate, which currently stands at 5.25 percent, on Friday to replace the current 6.5 percent 12-month rate, known ...
- Bali to develop offshore airport
- Provincial governments to maximize inter-province trade
- Yogyakarta to transform into Indonesian Silicon Valley
- Winners of the 2018 Brit Awards
- German arrested over alleged drug smuggling
- Yogyakarta academicians call on MK chief justice to step down
- Five feared dead, dozens buried in Brebes landslide
- Novel Baswedan returns home
- Bentley launches third generation Continental GT in Indonesia
- Briton arrested over alleged attempt to smuggle diazepam