Indonesia’s central bank pledges to keep rates low ahead of policy meet

• Indonesia’s central bank repeated a pledge keep interest rates low until there are signs of rising price pressures to support an economic recovery, Destry Damayanti, its senior deputy governor, told a parliamentary commission on 14 Sep 21.
• Bank Indonesia’s next monetary policy review is scheduled for 20 Sep 21 to 21 Sep 21.
• The country’s inflation rate in Aug 21 was 1.59%, below the central bank’s 2% to 4% target range.

External Link : https://www.businesstimes.com.sg/government-economy/indonesias-central-bank-pledges-to-keep-rates-low-ahead-of-policy-meet