Bank Indonesia has decided to reduce benchmark BI 7 Days Reverse Repo Rate (BI7DRRR) by 25 bps to 5.75 percent. After since November 2018, it has held interest rates of 6 percent.
despite the China-US trading tensions that consequences of the global economic slowdown, Asia will continue to maintain lenders' economic growth for this year and next year
The latest decision from Japan which is to restrict exports of high-tech stuff to Seoul has led to more intense boycott movement from South Korea citizens to Japanese goods.