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Jakarta Post
The Jakarta Post
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BI holds benchmark rate, pushes for speedy loan consolidation

  • Anton Hermansyah

    The Jakarta Post

| Fri, April 21 2017 | 12:12 am
BI holds benchmark rate, pushes for speedy loan consolidation

PREMIUM Bank Indonesia (BI) decided on Thursday to hold its seven-day reverse repurcharse rate at 4.75 percent as it waits for banks to complete loan consolidation amid financial pressure from overseas.The central bank’s executive director for monetary and economic policy, Dody Budi Waluyo, said the ongoing loan consolidation had placed hurdles before BI’s monetary policy, slowing down its immediate e...

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