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NPA increases price floor for petrol to GH¢13.63; diesel unchanged at GH¢13.07

NPA increases price floor for petrol to GH¢13.63; diesel unchanged at GH¢13.07
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Indonesia Holds Key Rate on Tame Inflation, Gradual Recovery

Indonesia Holds Key Rate on Tame Inflation, Gradual Recovery
Bloomberg
1/21/2021
Grace Sihombing and Claire Jiao
(Bloomberg) Indonesia’s central bank left its key interest rate unchanged at a record low, projecting optimism that the economy is recovering and inflation will remain tame even with new restrictions in place to fight a surge in Covid-19 infections.
Bank Indonesia held the seven-day reverse repurchase rate at 3.75% Thursday, as expected by 28 of 29 economists in a Bloomberg survey. Only one predicted a 25 basis-point cut.
“This decision is consistent with an inflation estimate that’s still low and maintained external stability, as well as efforts to support economic recovery,” central bank Governor Perry Warjiyo said in announcing the decision. ....

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