JAKARTA — Indonesia’s central bank hiked interest rates Wednesday to their highest for seven years, an unexpected move to boost the rupiah, which continues to weaken against the dollar despite several interventions in currency markets. Economists had predicted Bank Indonesia to hold the seven-day reverse repurchase rate at 6 percent but it instead raised it Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
