Products You May Like
At its November monetary policy meeting held on Thursday, Indonesia’s central bank, Bank Indonesia (BI), unexpectedly cut its 7-day reverse repo rate by 25bps to 3.75% from the previous 4.0%.
Governor Warjiyo said that the decision took into account low inflation, external stability and to support economic recovery.
more to come …
This article was originally published by Fxstreet.com. Read the original article here.