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benchmark rate
Bank Indonesia (BI) is optimistic that the lower benchmark interest rate can accelerate the recovery of the national economy, which has been severely affected by the COVID-19 pandemic.
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Lower Interest Rate Expected to Accelerate Economic Recovery
Bank Indonesia (BI) is optimistic that the lower benchmark interest rate can accelerate the recovery of the national economy, which has been severely affected by the COVID-19 pandemic.
English
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Raising Benchmark Rate Will Be Solution
The surge in the rupiah exchange rate against the US dollar may result in the increase of inflation. It is necessary, therefore, that BI increase the benchmark interest rate to maintain the stability of the domestic economic climate.
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