BI monitors Trump impact on monetary policy


The central bank said has not concluded so far that a shift in its monetary policy stance is needed. — The Jakarta Post

JAKARTA: Bank Indonesia (BI) says it is ready to adapt to changing economic policies in the United States under president Donald Trump that may affect Indonesia, but it has not concluded so far that a shift in its monetary policy stance is needed.

The director of the central bank’s economic and monetary policy department, Juli Budi Winantya, told reporters at a BI seminar in Banda Aceh that stability in the rupiah’s exchange rates and inflation, as well as “the need to spur economic growth”, were the main factors determining rate decisions.

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