Bank Indonesia (BI), the Indonesian central bank, Governor Perry Warjiyo was on the wires earlier today, via Reuters, noting that the central bank has moved its stance from keeping the financial system stable to support economic growth now. “Starting this year the interest rate and the four other tools are set on pro-growth, that is why we have cut interest rates twice,” Warjiyo said. BI surprised markets last Thursday by lowering its key interest rate by 25 bps for the second straight month to 5.50%. USD/IDR sits at weekly tops of 14,277.50, as the Indonesian Rupiah remains tracks the Yuan lower amid the US-China trade war escalation. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next The US-China trade tensions move up a notch – ING FX Street 4 years Bank Indonesia (BI), the Indonesian central bank, Governor Perry Warjiyo was on the wires earlier today, via Reuters, noting that the central bank has moved its stance from keeping the financial system stable to support economic growth now. "Starting this year the interest rate and the four other tools are set on pro-growth, that is why we have cut interest rates twice," Warjiyo said. BI surprised markets last Thursday by lowering its key interest rate by 25 bps for the second straight month to 5.50%. USD/IDR sits at weekly tops of 14,277.50, as the Indonesian Rupiah remains tracks the Yuan… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
