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Financial News: Indonesia Interest Rate Decision Due On Thursday

Indonesia Interest Rate Decision Due On Thursday

11/17/2021 - 17:33:00 (RTTNews)

(RTTNews) - The central bank in Indonesia will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity.

The central bank is expected to keep its benchmark lending rate unchanged at 3.50 percent, while the deposit facility rate (2.75 percent) and the lending facility rate (4.25 percent) also are expected to be unchanged.

The central bank in the Philippines also will conclude its monetary policy meeting and announce its decision on interest rates. No change is expected from the current lending rate of 2.00 percent.

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