Bank Indonesia (BI) decided to maintain the benchmark rate, or BI 7-Day Reverse Repo Rate (BI7DDR), capped at 3.5 percent.
The deposit facility interest .
KUALA LUMPUR, May 6 ― Malaysia’s economic outlook remains intact despite the US Federal Reserve’s (Fed) aggressive rate hike move, said CGS-CIMB. The Federal Open Market Committee (FOMC) raised the target range for the federal funds rate (FFR) by 50 basis points (bp) at its meeting on May.
Bank Indonesia (BI) decided to maintain the benchmark rate, or BI 7-Day Reverse Repo Rate (BI7DDR), capped at 3.5 percent, at the Board of Governors' .