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Bank Indonesia kept its benchmark 7-day reverse repo rate at 5.00% and left the deposit and lending facility rates at 4.25% and 5.75%. The bank said monetary policy stays accommodative and continues to monitor global economic moderation.
The unchanged accommodative policy supports Indonesian domestic demand and currency stability, a modest background factor for feed and poultry demand.
tradingeconomics.comBank Indonesia l Chusnul Ch MananDec 19, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
