{"id":113360,"date":"2017-09-22T09:53:06","date_gmt":"2017-09-22T13:53:06","guid":{"rendered":"http:\/\/countingpips.com\/?p=113360"},"modified":"2017-09-22T09:53:06","modified_gmt":"2017-09-22T13:53:06","slug":"indonesia-cuts-rate-by-25-bps-second-month-in-a-row","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/09\/indonesia-cuts-rate-by-25-bps-second-month-in-a-row\/","title":{"rendered":"Indonesia cuts rate by 25 bps second month in a row"},"content":{"rendered":"<div id=\"inves-1756517600\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 22, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/www.centralbanknews.info\/\"><u>CentralBankNews.info<\/u><\/a><br \/>\n&nbsp; &nbsp; &nbsp;Indonesia&#8217;s central bank cut its <span style=\"background-color: white; font-family: inherit;\">benchmark 7-day reverse repurchase rate (RR) by a further 25 basis points to 4.25 percent,&nbsp;<\/span><br \/><span style=\"background-color: white;\"><span style=\"font-family: inherit;\">&nbsp; &nbsp; &nbsp;It is the&nbsp;<\/span>second<span style=\"font-family: inherit;\">&nbsp;month in a row that Bank Indonesia (BI) has cut its rate and has now cut it by 50 basis points this year. In addition to the 7-day repo rate, BI also cut the deposit rate by 25 points to 3.50&nbsp;<\/span>percent<span style=\"font-family: inherit;\">&nbsp;and the lending facility rate by 25 points to 5.0 percent.<\/span><\/span><br \/><span style=\"background-color: white; font-family: inherit;\">&nbsp; &nbsp; &nbsp; From January through June last year BI lowered its previous benchmark rate four times by a total of 100 basis points and then cut the current RR rate by a total of 50 basis points in August and October 2016.<\/span><br \/><span style=\"background-color: white;\"><span style=\"font-family: inherit;\">&nbsp; &nbsp; &nbsp;<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By CentralBankNews.info &nbsp; &nbsp; &nbsp;Indonesia&#8217;s central bank cut its benchmark 7-day reverse repurchase rate (RR) by a further 25 basis points to 4.25 percent,&nbsp;&nbsp; &nbsp; &nbsp;It is the&nbsp;second&nbsp;month in a row that Bank Indonesia (BI) has cut its rate and has now cut it by 50 basis points this year. In addition to the 7-day [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-113360","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=113360"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113360\/revisions"}],"predecessor-version":[{"id":113361,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113360\/revisions\/113361"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=113360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=113360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=113360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}