Indonesia c.bank holds key rate, cuts banks’ reserve requirements
Indonesia’s central bank on
Thursday held its benchmark interest rate unchanged after four
consecutive rate cuts, but lowered the reserve requirement ratio
for lenders to provide additional liquidity for the banking
system and support growth.
Thursday held its benchmark interest rate unchanged after four
consecutive rate cuts, but lowered the reserve requirement ratio
for lenders to provide additional liquidity for the banking
system and support growth.
Posted by Reuters
