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Investor Relation Unit, Directorate of International Affairs
9/12/2006 5:34 AM
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 PRESS RELEASE Statement by the Governor of Bank Indonesia: Bank Indonesia Lowers BI Rate 50 bps to 11.25%

 

Today, September 5, 2006, in the Board of Governor’s Meeting, Bank Indonesia announced a 50 bps reduction in the BI Rate from 11.75% to 11.25%. This decision was taken after in-depth discussions lasting two full days on 4-5 September 2006, with evaluation of macroeconomic conditions, findings from various surveys of consumer and producer expectations and the outlook for economic and monetary conditions in Indonesia and worldwide.

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