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View all search resultsBank Indonesia (BI) hinted on Friday that it would increase its benchmark seven-day reverse repo rate, which is currently at 4.25 percent, because of consistent external pressure that could potentially disrupt the country's economy.
Bank Indonesia (BI) will keep its Seven-Day Reverse Repo Rate (7DRRR) unchanged at 4.75 percent for the eighth time in a row since October 2016, citing high potential inflation and external pressures amid the United States Federal Reserve’s plan to raise interest rates in June.
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