ID :
23077
Tue, 10/07/2008 - 13:26
Auther :
Shortlink :
http://m.oananews.org//node/23077
The shortlink copeid
BI RAISES KEY INTEREST RATE BY 25 BASIS POINTS
Jakarta, Oct. 7 (ANTARA) - The Board of Governors of Bank Indonesia (BI) at a meeting here on Tuesday decided to raise the bank's key interest rate or BI rate by 25 basis points to 9.50 percent.
BI Governor Boedino said at a press conference in Jakarta that the BI Rate was raised due to the high inflation rate and in anticipation of the impact of the current global financial crisis.
BI Governor Boedino said at a press conference in Jakarta that the BI Rate was raised due to the high inflation rate and in anticipation of the impact of the current global financial crisis.