Arab Today, arab today indonesia holds its interest rate
Last Updated : GMT 13:22:57
Arab Today, arab today
Arab Today, arab today

Indonesia holds its interest rate

Arab Today, arab today

Arab Today, arab today Indonesia holds its interest rate

Jakarta - Arabstoday

Indonesia\'s central bank kept its benchmark interest rate unchanged for a fifth consecutive month as easing inflation gives policy makers room to assess the risk of a slowdown in global growth. Bank Indonesia maintained its reference rate at 6.75 per cent, it said in Jakarta yesterday. The decision was predicted by all 14 economists surveyed by Bloomberg News. Inflation in Southeast Asia\'s biggest economy eased to a 12-month low in June as a 4.8 per cent gain in the rupiah this year helped cap import costs. That has allowed central bank Governor Darmin Nasution to extend Indonesia\'s pause in monetary tightening as Europe\'s debt crisis and slowing US growth threaten Asia\'s exports, even as neighbours from Thailand to India and China kept raising rates. \"Monetary policy doesn\'t need to respond,\" Destry Damayanti, chief economist at PT Bank Mandiri in Jakarta, said before the monetary policy decision. \"Not only has headline inflation eased, core inflation was also relatively stable in the last few months.\" Indonesia\'s benchmark stock index has surged more than 30 per cent in the past year on optimism the central bank\'s restraint in raising rates will help support growth and bolster earnings at companies including PT Bank Mandiri. The Jakarta Composite index rose above 4,000 for the first time on July 8. Bank Mandiri shares advanced to a record and PT Astra International, the largest automotive retailer, climbed 3 per cent, leading gains among banks and consumer stocks. From / Gulf News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indonesia holds its interest rate Arab Today, arab today indonesia holds its interest rate

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indonesia holds its interest rate Arab Today, arab today indonesia holds its interest rate

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday