Indonesia keeps interest rate at 6pc
Friday, 13 January 2012
JAKARTA, Jan 12, 2012 (AFP) - Indonesia kept its benchmark interest rate unchanged at six percent for a second month on Thursday, with inflation under control but amid worries about the impact of a global economic slowdown.
"The board of governors decided to keep BI's rate at six percent," Bank Indonesia (BI) governor Darmin Nasution told reporters in Jakarta.
He said it was "in-line with the effort to maintain stability of the monetary system and conducive to supporting expansion of the domestic economy amid uncertainty in the global economy."
"The board of governors decided to keep BI's rate at six percent," Bank Indonesia (BI) governor Darmin Nasution told reporters in Jakarta.
He said it was "in-line with the effort to maintain stability of the monetary system and conducive to supporting expansion of the domestic economy amid uncertainty in the global economy."