BI Lowers Benchmark Interest Rate, Rupiah Strengthens at Week's End
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Bank Indonesia's (BI) decision to cut its benchmark 7-Day Reverse Repo Rate (7 DRRR) by 25 basis points to 5.75% has strengthened the rupiah. The rupiah strengthened by 0.14% against the US dollar to Rp 13,960 in Thursday's (July 18th) spot market trading.
The rupiah's strengthening continued on Friday (July 19th), appreciating by 0.18% to Rp 13,935 per US dollar. Over the week, the rupiah strengthened by 0.496%.
(See Databoks: [Rupiah Exchange Rate Approaches its Lowest Level This Year](https://databoks.katadata.co.id/datapublish/2019/05/09/nilai-tukar-rupiah-mendekati-level-terendahnya-tahun-ini))
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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| Inflasi yoy (Mei) | 3,08% | +0.66 | |
| Inflasi mom (Mei) | 0,28% | +0.15 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| Pertumbuhan ekonomi (tw) (Q1) | 5,61 | +4.08 | |
| NTP (Apr) | 112,29 | +0.43 |
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