Bank Indonesia Holds Interest Rate at 6.25% to Support Economic Growth and Inflation Stability
May 22, 2024
Bank Indonesia maintains benchmark interest rate at 6.25 percent for stable inflation and economic growth.
Governor Perry Warjiyo stresses managing foreign capital inflows and rupiah exchange rate stability.
Central bank implements pro-stability monetary policies and promotes credit access to businesses and households.
BI strengthens policy coordination with government and partners to ensure macroeconomic stability.
Indonesia's economy shows improvement with lower food prices and inflation levels despite external pressures.
Maintaining overall inflation within the target range remains a priority amidst potential risks.
Summary based on 1 source
