Bank Indonesia Raises Key Rate to Aid Rupiah, Flags Chance of More Hikes

Bank Indonesia raised its benchmark interest rate for the second time in two weeks on Wednesday (30/05) and flagged more possible hikes as it escalated a battle to boost the fragile rupiah and contain capital outflows. (ID Photo/David Gita Roza)

By : Reuters | on 9:27 PM May 30, 2018
Category : Business, Banking/Finance