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 ...
- Yogyakarta Indonesian Association Amusement Parks and Recreation meets with GenPI Yogyakarta
- Official turns mute about flourishing prostitution in his area
- Mt. Agung's magma moves upward
- Nine airports prepared in anticipation of Mt. Agung eruption
- ASEAN endorses East Sea code proposal
- Mt. Agung eruption could be imminent: Agency
- Two Vietnamese fishermen dead in Philippine navy chase
- Jokowi to visit Mt. Agung evacuees
- Nearly 50,000 flee amid fears of Mt. Agung eruption
- EDITORIAL: Making corrupt leaders pay