BI lowers benchmark rate to 3.5 percent

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Bank Indonesia (BI) has decided to cut its benchmark rate, or the BI Seven-Day Reverse Repo Rate (BI7DRRR), by 25 basis points to 3.5 percent in line with the low inflation projection.

“This decision is consistent with …

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BNPB identifies three firms suspected of burning land in Papua

Jakarta (ANTARA) - Indonesia's disaster mitigation agency has identified three companies suspected of deliberately burning land in South Papua,...

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