Bank Mandiri Says BI Rate Hike Important Amidst Global Uncertainties, Fluctuations
State-owned Bank Mandiri (IDX: BMRI) reacted well to Bank Indonesia's (BI) decision to raise its benchmark interest rate.
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State-owned Bank Mandiri (IDX: BMRI) reacted well to Bank Indonesia's (BI) decision to raise its benchmark interest rate.
Bank Indonesia has finally raised its benchmark interest rate to 6.25 percent.
The depreciating trend of the rupiah against the US dollar persisted in the recent week.
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BPS reported that the inflation rate in Indonesia closed at 2.61 percent in 2023.
Bapanas stated that the food aid program is able to suppress the inflation rate amid the fluctuating rice prices in Indonesia.
Bank Indonesia Governor Perry Warjoyo reported that the Rupiah exchange rate over the US Dollar continues to show an upward trend.
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Statistics Indonesia (BPS) reported that the unemployment rate in the country surpassed 7.86 million people in August 2023.
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