BI 7 Day Reverse Repo Rate Maintained at 4.75%

Eko Nordiansyah    •    16 Maret 2017 18:59 WIB
finance and money
BI 7 Day Reverse Repo Rate Maintained at 4.75%
Illustration (Photo: Bank Indonesia)

Metrotvnews.com, Jakarta: Bank Indonesia maintained the BI 7 Day Reverse Repo Rate at 4.75 percent in March 2017.

The central bank also maintained the Deposit Facility Rate at four percent and Lending Facility Rate at 5.5 percent this month.

"The decision is consistent with Bank Indonesia’s efforts to maintain macroeconomic and financial system stability," Bank Indonesia spokesperson Tirta Segara said in Jakarta on Thursday.

"Bank Indonesia will continue to monitor risks due to global uncertainties," he continued.

"Bank Indonesia will strengthen policy coordination with the government focusing on controlling inflation," he added.

Bank Indonesia has maintained the BI 7 Day Reverse Repo Rate at 4.75 percent since October 2016.


(WAH)