Jakarta, November 19 : , Bank Indonesia has maintained the benchmark interest rate of 3.5 percent.This decision was made to preserve stability in the currency and financial system during low inflation.Forecasts” Bank Indonesia Governor Perry Warjiyo stated in a virtual conference.
Xinhua reported that the interest rates for deposit facilities and lending facilities remain at the same 2.75 percent each.
According to the central bank, the country’s economic growth will increase in Southeast Asia as more people move after Covid-19 vaccine acceleration and recovery of different economic sectors.
Warjiyo stated that Bank Indonesia will continue to improve all policies in order to preserve macroeconomic stability and support economic growth.
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