• Latest
  • Trending
Indonesian central bank holds rate unchanged despite Fed rate hike

Indonesian central bank holds rate unchanged despite Fed rate hike

December 22, 2018
Putin May Have Triggered an Attempted Coup in Armenia

Putin May Have Triggered an Attempted Coup in Armenia

March 1, 2021
Karma the Hollywood curse

Karma the Hollywood curse

March 1, 2021
Hyatt Hotels responds to calls for boycotts over hosting CPAC

Hyatt Hotels responds to calls for boycotts over hosting CPAC

March 1, 2021
Explosion strikes Israeli ship in Mideast raises tension

Explosion strikes Israeli ship in Mideast raises tension

February 28, 2021
Can Asia help Myanmar find a way out of coup crisis?

Can Asia help Myanmar find a way out of coup crisis?

February 28, 2021
Athens Travel destination post Covid

Athens Travel destination post Covid

February 27, 2021
Enforcing Regulations for Forest Risk Commodities

Enforcing Regulations for Forest Risk Commodities

February 27, 2021
Police Scotland offered oil rig to train for protest-plagued North Sea

Police Scotland offered oil rig to train for protest-plagued North Sea

February 27, 2021
Young car enthusiasts spend $7.2 billion a year customizing vehicles

Young car enthusiasts spend $7.2 billion a year customizing vehicles

February 20, 2021
Indonesian billionaire family in the crosshairs of corruption reporting

Indonesian billionaire family in the crosshairs of corruption reporting

February 11, 2021
Greenpeace: A threat to national security?

Greenpeace: A threat to national security?

February 10, 2021
Myanmar’s military takes power detains Suu Kyi

Myanmar’s military takes power detains Suu Kyi

February 2, 2021
citizendaily
  • Asia News
    • Northeast Asia
      • China
      • Japan
    • North Korea
    • Oceania
      • Australia
      • New Zealand
    • South Asia
      • Afghanistan
      • Bangladesh
      • India
      • Pakistan
    • Southeast Asia
      • Indonesia
      • Malaysia
      • Philippines
      • Singapore
      • Thailand
  • World News
    • Africa
    • Europe
      • Germany
      • United Kingdom
    • Latin America
      • Cuba
      • Mexico
    • Middle East
      • Gulf States
      • Iran
      • Iraq
      • Saudi Arabia
      • Syria
    • North America
      • Canada
      • United States
    • Russian Federation
  • Economy
    • Brexit
    • Free Market
  • Politics
    • ASEAN
    • Diplomacy
    • ISIS
    • National Defence & Security
  • Editorial
  • Environment
    • Climate Change
    • Forests
    • Water & Oceans
    • Wildlife & Endangered Species
  • Lifestyle
    • Books & Literature
    • Entertainment
    • Food & Dining
    • Religion
    • Travel
    • Tech
  • Sports
No Result
View All Result
Thursday, March 4, 2021
  • Asia News
    • Northeast Asia
      • China
      • Japan
    • North Korea
    • Oceania
      • Australia
      • New Zealand
    • South Asia
      • Afghanistan
      • Bangladesh
      • India
      • Pakistan
    • Southeast Asia
      • Indonesia
      • Malaysia
      • Philippines
      • Singapore
      • Thailand
  • World News
    • Africa
    • Europe
      • Germany
      • United Kingdom
    • Latin America
      • Cuba
      • Mexico
    • Middle East
      • Gulf States
      • Iran
      • Iraq
      • Saudi Arabia
      • Syria
    • North America
      • Canada
      • United States
    • Russian Federation
  • Economy
    • Brexit
    • Free Market
  • Politics
    • ASEAN
    • Diplomacy
    • ISIS
    • National Defence & Security
  • Editorial
  • Environment
    • Climate Change
    • Forests
    • Water & Oceans
    • Wildlife & Endangered Species
  • Lifestyle
    • Books & Literature
    • Entertainment
    • Food & Dining
    • Religion
    • Travel
    • Tech
  • Sports
No Result
View All Result
citizendaily
No Result
View All Result

Indonesian central bank holds rate unchanged despite Fed rate hike

December 22, 2018
in Asia News, Economy, Featured, Free Market, Indonesia, Southeast Asia
0
Home Asia News
Post Views: 128

 

Indonesian central bank on Thursday kept its benchmark interest rate steady, a day after the U.S. Federal Reserve ratcheted up its fund rate as the Indonesian lender has taken position ahead of the curve.

The rate-setting meeting of the central bank, Bank Indonesia, decided to hold seven-day reserve repo rate at 6 percent after the U.S. Fed fund rate was edged up 25 basis points for the fourth time this year on Wednesday night, Governor of the Indonesian Central Bank Perry Warjiyo said.

“Bank Indonesia is confident that the policy is in line with efforts to keep domestic financial market attractive, and is taken by considering the trend of the global rate in several months ahead,” he said.

RelatedPosts

Government open to possibility of BI buying zero-coupon bonds

Bank Indonesia Cuts Interest Rate, Eyes More by Year End

Bank Indonesia mulls accumulating global sukuk as Shariah buffer

Confidence Returns to Indonesia`s Financial Markets

BI, Finance Ministry Ink Agreement on Forex Data Monitoring

The bank also kept the deposited facility rate and lending facility rate steady at 5.25 percent and 6.75 percent respectively.

Previously on Nov. 15, the central bank took a preemptive measure by drifting higher up its benchmark interest rate of 25 basis points to 6 percent in anticipating the Fed Fund rate hike this month.

It also applied a tightening policy by rising a 175 basis points rate on May 17 to help pare down risks of capital outflows.

Source :
Xinhua
Tags: Bank Indonesiafinancial marketIndonesian Central bankPerry Warjiyo
Previous Post

Indonesian envoy proud to be guest of honor at Janadriyah

Next Post

Indonesia Opens Military Base Near Disputed South China Sea to ‘Deter Threats’

Related Posts

Putin May Have Triggered an Attempted Coup in Armenia
Bilateral

Putin May Have Triggered an Attempted Coup in Armenia

March 1, 2021
Hyatt Hotels responds to calls for boycotts over hosting CPAC
Asia News

Hyatt Hotels responds to calls for boycotts over hosting CPAC

March 1, 2021
Explosion strikes Israeli ship in Mideast raises tension
Asia News

Explosion strikes Israeli ship in Mideast raises tension

February 28, 2021
Can Asia help Myanmar find a way out of coup crisis?
ASEAN

Can Asia help Myanmar find a way out of coup crisis?

February 28, 2021
Athens Travel destination post Covid
Europe

Athens Travel destination post Covid

February 27, 2021
Enforcing Regulations for Forest Risk Commodities
ASEAN

Enforcing Regulations for Forest Risk Commodities

February 27, 2021
Next Post
Indonesia Opens Military Base Near Disputed South China Sea to ‘Deter Threats’

Indonesia Opens Military Base Near Disputed South China Sea to 'Deter Threats'

Translate

Subscription

Popular Post

Putin May Have Triggered an Attempted Coup in Armenia
Bilateral

Putin May Have Triggered an Attempted Coup in Armenia

March 1, 2021
0

  Moscow (27/2).         Armenian Prime Minister Nikol Pashinyan has announced that his nation’s military had attempted a...

Read more

NGOs call for mass boycott of palm oil giant IOI

June 29, 2016
No peace for Greenpeace

No peace for Greenpeace

July 1, 2016

The Case Against Greenpeace

July 1, 2016
Children in ISIS Nusantara Media Outreach

Children in ISIS Nusantara Media Outreach

July 2, 2016
  • About Us
  • Creative Commons
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Contact Us

Topics

Follow Us

About Us

citizendaily.news is part of the citizen Daily Media Group LLC, which delivers daily news around the globe. ​

© 2012 The Citizen Daily

No Result
View All Result
  • Asia News
    • Northeast Asia
      • China
      • Japan
    • North Korea
    • Oceania
      • Australia
      • New Zealand
    • South Asia
      • Afghanistan
      • Bangladesh
      • India
      • Pakistan
    • Southeast Asia
      • Indonesia
      • Malaysia
      • Philippines
      • Singapore
      • Thailand
  • World News
    • Africa
    • Europe
      • Germany
      • United Kingdom
    • Latin America
      • Cuba
      • Mexico
    • Middle East
      • Gulf States
      • Iran
      • Iraq
      • Saudi Arabia
      • Syria
    • North America
      • Canada
      • United States
    • Russian Federation
  • Economy
    • Brexit
    • Free Market
  • Politics
    • ASEAN
    • Diplomacy
    • ISIS
    • National Defence & Security
  • Editorial
  • Environment
    • Climate Change
    • Forests
    • Water & Oceans
    • Wildlife & Endangered Species
  • Lifestyle
    • Books & Literature
    • Entertainment
    • Food & Dining
    • Religion
    • Travel
    • Tech
  • Sports

© 2012 The Citizen Daily