BI Rate Lowered 25 Points to 6.5%

medcom.id, Jakarta: Bank Indonesia decided to lower its benchmark interest rate (BI rate) 25 points to 6.5 percent this month.
 
The decision was taken during BI's board meeting on June 15-16, 2016.
 
Meanwhile, deposit facility rate decreased 25 points to 4.5 percent and lending facility rate declined 25 points to 6.5 percent.

BI also decided to lower its 7-day reverse repo rate from 5.5 percent to 5.25 percent.
 
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