11:11 Video: Benchmark Interest Rate Rises in Favor of Rupiah News – 33 minutes ago

Jakarta, CNBC Indonesia- Global interest rates are now moving in three different directions, namely tight, loose and persistent. These different movements are based on inflation developments in each country, the need to boost growth, and maintain currency stability.

Most recently, Bank Indonesia finally raised its benchmark interest rate due to the Rupiah continuing to weaken to Rp. 15,800 per US Dollar.

For further information regarding interest rates from Bank Indonesia and other central banks in the world, see the presentation by Shafinaz Nachiar, sComplete details in CNBC Indonesia’s Power Lunch program (Friday, 20/10/2023) below.

Watch live streaming of other CNBC Indonesia TV programs here