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Indonesia cuts rate 10th time and lowers GDP forecast       Indonesia's central bank cut it's key interest rates for the 10th time in the current easing cycle, as widely expected, and trimmed its forecast for economic growth in 2021 following a slower-than-expected rebound in the fourth quarter of last year.      Bank Indonesia (BI) lowered its benchmark 7-day reverse repo rate by another 25 basis points to 3.50 percent and has now cut it by a total of 2.50 percentage points since it began easing its monetary policy stance in July 2019 in response to a slowdown in global economic growth...

BI 7-Day Reverse Repo Rate Held at 3.75%: Synergy Building Economic Recovery Optimism 12/17/2020 | 04:44am EDT Send by mail : Message : Tanggal Jam operasional Senin s.d. Jumat Pkl. 08.00 s.d 16.00 WIB Hits No. 22/87/DKom The BI Board of Governors agreed on 16th and 17th December 2020 to hold the BI 7-Day Reverse Repo Rate at 3.75%, while also maintaining the Deposit Facility (DF) rates at 3.00% and Lending Facility (LF) rates at 4.50 %. The decision is consistent with projected low inflation and maintained external stability, coupled with efforts to su...