Bank Indonesia Cuts Benchmark Interest Rate to 4% to Boost Economic Recovery

Economics & Macro
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Dwi Hadya Jayani 16/07/2020 17:55 WIB
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The Bank Indonesia (BI) Board of Governors' Meeting (RDG) on July 15-16, 2020, decided to lower the benchmark interest rate (BI 7-Day Reverse Repo Rate/BI7DRR) by 25 basis points (bps) to 4%.

BI Reference Interest Rate (BI 7-Day Reverse Repo Rate)
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Bank Indonesia Cuts Benchmark Interest Rate to 4% to Boost Economic Recovery

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