Friday, April 21, 2017

BI Continues To Hold Key Policy Rate In April

Economic Research
21 April 2017

Economic Update

Bank Indonesia’s (BI) board of governors held the BI 7-day (reverse) repo rate – the benchmark policy rate – unchanged at 4.75% on 20 Apr. We believe the Central Bank could maintain its key policy rate in 2017 on:
1. Moderate inflationary pressure;
2. Manageable current account deficit.

Economist:  Rizki Fajar| +6221 2970 7065

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