Governor of the Central Bank, Bank Indonesia (BI), Agus D.W. Martowardojo said that the BI’s governors meeting (RDG) scheduled to be held in October 15, 2015, would decide to keep the Central Bank’s benchmark rate (BI Rate) at the current level (7.5%). BI has, since February 2015, maintained the BI Rate at 7.5%. President Joko “Jokowi” Widodo, on the other hand, demands a cut on the BI Rate to help businesses experiencing global pressures.To subscribe please click here
