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Bank Indonesia (BI) held the nation's benchmark interest rate steady at 5 percent on Thursday after cutting the policy rate by a total of 100 basis points (bps) in the second half of this year to fuel economic expansion. Loan growth dropped to 6.53 percent in October, further signaling weak economicRead more..

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TEMPO.CO, Jakarta - Bank Indonesia (BI) stated that one of the strategies to boost the country’s economic growth is through the availability of adequate infrastructures, which is essential in connecting critical sectors such as economic areas, tourism spots, industrial areas, and productionRead more..

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Indonesia’s consumer price index (CPI) increased 3 percent year-on-year (yoy) in November, well within the central bank’s targeted range of between 2.5 percent and 4.5 percent for 2019, Statistics Indonesia (BPS) announced on Monday. Benign inflation has given room for BankRead more..