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JAKARTA (The Jakarta Post/ANN): Bank Indonesia (BI) decided Tuesday (April 20) to maintain its benchmark interest rate at 3.5 per cent to safeguard the rupiah as uncertainty continues to haunt the global financial market.
TOKYO: The Bank of Japan (BoJ) is highly unlikely to deepen its negative interest rate without a fresh economic crisis on a massive scale, according to former board member Makoto Sakurai, whose term ended last month.
PETALING JAYA: Total vehicle sales is expected to remain steady for the first half of 2021, driven by the ongoing tax holiday and various promotional campaigns by car companies.
PETALING JAYA: Hong Leong Bank Bhd’s (HLB) financial indicators seem to suggest that the company is in a good position to recover faster than its peers.
Indonesia’s central bank left its benchmark interest rate unchanged and pledged to do more to support a currency that has weakened as US yields rise.
THE Statistics Department is expected to release the January 2021 rubber statistics today.
FOCUS will be on Bank Negara’s monetary policy decision. Bank Negara’s Monetary Policy Committee (MPC) is scheduled to meet on Thursday to review the overnight policy rate (OPR).It has maintained the OPR unchanged at 1.75% on Jan 20.