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Bank Indonesia Hikes Benchmark Rates for First Time Since 2018

Selasa, 23 Agustus 2022 | 15:23 WIB
Bank Indonesia Hikes Benchmark Rates for First Time Since 2018

ILUSTRASI. Bank Indonesia (BI) signage in Jakarta, (17/6/2021). ANTARA FOTO/Hafidz Mubarak A/hp.

Kontan + Kompas.id : Rp 95.000 Hemat hingga 55%

Sumber: Reuters | Editor: Thomas Hadiwinata

KONTAN.CO.ID - JAKARTA, Aug 23 (Reuters) - Indonesia's central bank raised its benchmark interest rate for the first time since 2018 on Tuesday, stepping up monetary tightening to fight rising inflation.

Bank Indonesia (BI) hiked the seven-day reverse repurchase IDCBRR=ECI rate by 25 basis points (bps) to 3.75%.

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