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ANN/THE JAKARTA POST – Bank Indonesia (BI) made a significant move by raising its benchmark interest rates by 25 basis points (bps) amid global uncertainties, even as the country experienced a consistent decline in inflation throughout the year. BI Governor Perry Warjiyo clarified the decision, emphasising that the increase in borrowing costs serves as a […] ....
Bank Indonesia unexpectedly hikes rate amid global uncertainty Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region. ....