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Bank Indonesia (BI) has lowered its benchmark rate by 50 basis points (bps) since July this year amid potential turbulence in the global economy, which prompted central banks around the world to shift to easing mode. Such a move is part of the central bank’s “policy mix” to maintain economic stability and achieve its economic growth target of between 5 and 5.4 percent, despite growing uncertainty in the global economy. (JP/Wienda Parwitasari)
Read the excerpt from the Post’s conversation with BI’s appointed senior deputy governor, Destry Damayanti, and related article here:
(JP/ Marchio Irfan Gorbiano and Esther Samboh)