Rupiah Appreciation Continues

JAKARTA (Yosefardi) – The central bank, Bank Indonesia (BI), said the rupiah appreciation continued in line with the promising domestic economic outlook and easing external risks. In the second quarter of 2016, the rupiah appreciated by an average of 1.59% to...

BI 7-Day RR Rate Kept at 5.25%

JAKARTA (Yosefardi) – The central bank, Bank Indonesia (BI), decided Friday last week to hold the BI 7-Day Reverse Repo Rate (BI 7-Day RR Rate) at 5.25%, with the Deposit Facility rate held at 4.50%, while lowering the Lending Facility 100 bps to 6.00%. As...