Indonesian central bank announces surprise rate cut as rupiah gains strength

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Indonesian central bank announces surprise rate cut as rupiah gains strength
Rate CutIndonesia Central Bank
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JAKARTA, Sept 18 — Indonesia’s central bank today unexpectedly cut key interest rates for the first time in more than three years as the rupiah strengthens and ahead of an...

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He has over 60 million followers on social media — but how did IShowSpeed get so popular? Here's the lowdown “The Federal Funds Rate direction is getting clearer, and the rupiah is relatively stable and even getting stronger,” bank governor Perry Warjiyo told reporters.The central bank had steadily increased borrowing costs to defend the rupiah amid growing global economic uncertainty and rising inflation.

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Rate Cut Indonesia Central Bank

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