DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister …
Read More »Bank Indonesia stays hawkish as it keeps key rate on hold
Bloomberg Indonesia’s central bank left its benchmark interest rate unchanged after three hikes in a row helped to stabilize the currency in Southeast Asia’s biggest economy. The seven-day reverse repurchase rate was held at 5.25%, in line with forecasts of 25 of 28 economists surveyed by Bloomberg. Governor Perry Warjiyo said the policy stance remains “hawkish†with the central bank’s …
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