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via economictimes.indiatimes.comEconomy

Bank Indonesia defends policy mix after market confusion

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Bank Indonesia has defended its latest policy package combining an unchanged benchmark rate, a higher deposit facility rate and reserve requirement cuts. The central bank says the measures aim to improve monetary policy transmission, boost banking liquidity and support credit…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralAn unchanged benchmark rate and reserve requirement cuts affect liquidity and credit in Indonesia.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Bank Indonesia kept its benchmark rate unchanged in its latest policy package.
  2. 02The package raises the deposit facility rate and cuts reserve requirements.
  3. 03The central bank says the measures aim to improve transmission and support credit growth.

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