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Bank Indonesia (BI) has held its benchmark rate after four consecutive cuts, but it is continuing its monetary easing by relaxing bank reserve requirements, which is expected to add US$1.8 billion to bank liquidity to encourage more lending and spur economic activity. BI kept the so-called seven-day reverseRead more..

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Bank Indonesia (BI) decided to maintain the seven-day reverse repo rate on Thursday at 5 percent after it cut the key rate by 25 basis points (bps) in October in a bid to boost economic growth amid rising global risks. “With improving global and domestic economic conditions amid ongoing trade tensions,Read more..