Indonesia c.bank raises rates for 2nd straight meeting
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작성자Mitchel 조회 813회 작성일 22-11-15 04:04본문
JAKARTA, Sept 22 (Reuters) -
Indonesia's central bank increased interest rates by more than expected on Thursday as it sought to keep a lid on inflation after the government raised fuel prices earlier this month.
Bank Indonesia (BI) raised the 7-day reverse repurchase rate by 50 basis points to 4.25%.
Out of 30 economists polled by Reuters, 27 had expected a 25 basis point move, while the remaining three had bet on a bigger 50 basis point rate hike.
The bank also hiked the overnight deposit facility and Selot5000 lending facility rates by the same amount to 3.50% and 5.00%, respectively.
(Reporting by Gayatri Suroyo, Fransiska Nangoy and Stefanno Sulaiman; Editing by Ana Nicolaci da Costa, Ed Davies)
Indonesia's central bank increased interest rates by more than expected on Thursday as it sought to keep a lid on inflation after the government raised fuel prices earlier this month.
Bank Indonesia (BI) raised the 7-day reverse repurchase rate by 50 basis points to 4.25%.
Out of 30 economists polled by Reuters, 27 had expected a 25 basis point move, while the remaining three had bet on a bigger 50 basis point rate hike.
The bank also hiked the overnight deposit facility and Selot5000 lending facility rates by the same amount to 3.50% and 5.00%, respectively.
(Reporting by Gayatri Suroyo, Fransiska Nangoy and Stefanno Sulaiman; Editing by Ana Nicolaci da Costa, Ed Davies)
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