BI maintains benchmark interest rate at 3.5 percent 3 hours ago
Bank Indonesia (BI) Building. ANTARA / bi.go.id / pri. Jakarta (ANTARA) - The meeting of Board of Governors (RDG) of Bank Indonesia (BI) on April 19-20, 2021, reached a decision to maintain the benchmark interest rate, or the BI Seven-Day Reverse Repo Rate (BI7DRRR), at 3.5 percent. This decision is in line with the need to maintain stability of the rupiah exchange rate and safeguard it from the impact of high uncertainty in the global financial markets despite low inflation forecasts, BI Governor Perry Warjiyo stated at a virtual press conference in Jakarta, Tuesday.
Bank Indonesia (BI) has decided to cut its benchmark rate, or the BI Seven-Day Reverse Repo Rate (BI7DRRR), by 25 basis points to 3.5 percent in line with the .
Bank Indonesia (BI) still has room to lower its 7-Day Reverse Repo Rate (BI7DRR), which currently stands at 3.75 percent, to boost national economic recovery, .
The Jakarta Composite Index (IHSG) ended higher on Wednesday as the market awaited the inauguration of Joe Biden as US president.
The index of .
IHSG ends higher as China s improving economy lifts sentiment 18th January 2021
Illustration - A screen displays the movement of stocks on IHSG in Jakarta. The BEI index rose 16.42 points to reach 6,389.83 on Monday (January 18, 2021). (ANTARA FOTO/Hafidz Mubarak A/wsj)
The IHSG strengthened today amid (positive) sentiment from the improving performance of China’s fourth-quarter GDP at 6.5 percent, well above the market consensus of 6.2 percent, and the release of third-quarter GDP at 4.9 percent. Jakarta (ANTARA) - The Jakarta Composite Index (IHSG) ended higher on Monday as investors cheered data showing improving economic growth in China.
The index of the Indonesian Stock Exchange (BEI) rose 16.42 points, or 0.26 percent, to reach 6,389.83, while the index of the 45 most liquid stocks (LQ45) climbed 9.51 points, or 0.96 percent, to touch 988.26.