BI is lowering interest rates, consider the following recommendations for banking stocks

ILLUSTRATION. Interest rate cuts provide a positive sentiment for the business world and can raise credit demand. Reporter: Ika Puspitasari | Editor: Wahyu T. Rahmawati KONTAN.CO.ID – JAKARTA. Bank Indonesia (BI) again lowered its benchmark interest rate by 25 basis points (bps) to 3.75% at the BI Board of Governors Meeting (RDG) November 2020. Previously, […]

Compact Market! Maybe Just a Miracle BI Lowered the Interest

Added CIMB Niaga projections Jakarta, CNBC Indonesia – It is estimated that Bank Indonesia (BI) will continue to hold the benchmark interest rate. It seems likely that the stability of the rupiah exchange rate will be the main factor that makes MH Thamrin reluctant to lower the BI 7 Day Reverse Repo Rate. BI will […]