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.

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