indonesian c bank to continue neutral monetary policy
Last Updated : GMT 06:04:58
Arab Today, arab today
Arab Today, arab today

Indonesian C. Bank to continue \"neutral monetary policy\"

Arab Today, arab today

Arab Today, arab today Indonesian C. Bank to continue \"neutral monetary policy\"

Jakarta - XINHUA

Indonesia will continue applying the so-called neutral monetary policy aimed at preserving national economy stability amid uncertainty in global economy at present, a senior official at Indonesian central bank, Bank Indonesia (BI), said here on Friday. \"We will continue the monetary policy that means neither tightening nor loosening the economy,\" Perry Warjiyo, BI Executive Director for Economy and Monetary Policy said here. The implementation of the policy was manifested in the central bank\'s recent decision to hold rate benchmark at record-low 5.75 percent as it still fits to cushion insignificant pressure from controllable inflation in the country, he said. \"The decision to hold the rate was based on inflation and growth estimations within the next two years. The 5.75 percent rate correctly reflects results of our estimation,\" Perry added. That level of rate also fits with the government aim to preserve growth above 6 percent, he said, adding that the central bank considers of no need to reduce the rate furthermore as the growth rate is still in the expected range. \"We had reduced the rate from 6.00 to 5.75 percent in February this year. Other emerging economy, like South Korea, had just reduced its rate to boost up its growth,\" he said as quoted by the Antara news agency. The policy to reduce the rate in February eventually gave positive impact to national growth, whose target was revised to 6. 3 percent this year from the initial 6.5 percent, according to Perry. Like other countries in Asia, Indonesian growth is exacerbated by the global crisis incited by economy downturn in Europe and the United States, the world\'s most regions that imports commodities from Asia. Due to such a situation, International Monetary Fund and the World Bank have recently revised their growth estimation of Indonesia this year to 6 and 6.1 percent respectively.  

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*

indonesian c bank to continue neutral monetary policy indonesian c bank to continue neutral monetary policy

 



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*

indonesian c bank to continue neutral monetary policy indonesian c bank to continue neutral monetary policy

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
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