#rate of interest

Collection of rate of interest news, found 16 news.

Indonesia's resilience throughout 2023 economic turmoil

Economic recession throughout 2023 became a hot topic and further complicating matters were the Russia-Ukraine war and ...

BI holds benchmark rates at 3.5% to maintain stability

Bank Indonesia (BI) has decided to hold the benchmark rate, or the BI 7-Day Reverse Repo Rate (BI7DRR), at 3.5 percent ...

BI's policy remains accommodative to boost economic growth: Governor

Bank Indonesia (BI) Governor Perry Warjiyo affirmed that the central bank's policy will remain accommodative to ...

Perry Wardijo pledges "we will preempt and be ahead of the curve"

The new Governor of Bank Indonesia Perry Warjiyo pledged to adopt stronger monetary policy to stabilize the national ...

Funds could be borrowed from SMI to develop regions: Jokowi

President Joko Widodo (Jokowi) has provided an alternative financing, through PT Sarana Multi Infrastructure (SMI), ...

Banks not being coerced into lowering deposit interest rates: Minister

The government will not coerce banks into lowering their deposit interest rates though these continue to be high as of ...

Indonesia to bring banking rate down to single digit

In order to make the countrys economy more efficient and competitive as it faces the ASEAN Economic Community, the ...

CarBay Launches Android and iOS App; Enters Motorcycle Space in Indonesia

-After dominating the car portal category in Indonesia, CarBay has entered the motorcycle space in the country with ...

Deposit interest tax cut may strengthen rupiah: Darmin

Chief economic minister Darmin Nasution said the government hoped exporters would keep their foreign exchange income ...

Bank Mandiri lowers deposit interest rate

Bank Mandiri, Indonesia's largest lender by assets, has reduced its deposit interest rate by 25 basis points to 6 ...

Indonesia`s economic growth relies on global conditions: Finance minister

Global economic conditions, which are expected to recover, will determine Indonesias economic growth, which has been ...

BI predicts credit growth to be slower in 2014

Bank Indonesia predicts credit will grow slower in 2014 at between 15.3 and 16.6 percent, compared to this year`s ...

Govt considering cutting foreign loans for state funding

The government is planning to cut foreign debts as an alternative source of state funding, the director general of ...

BI asks banks to operate more efficiently

Bank Indonesia (BI) Friday asked national banks to operate more efficiently to reduce overhead cost and lower lending ...

Inflation rate to drop to four percent: BI

Bank Indonesia predicts the rate of inflation will get lower and lower to the floor target of four percent as ...