Indonesia central bank tightens rules, holds rate

3 September 2010, 9:37 am

JAKARTA: Indonesia's central bank raised bank reserve requirements yesterday, as expected, signalling a concern about inflation in a move suggesting it may be coming around to the market's view that rates should rise this year. Bank Indonesia (BI) also announced new bank regulations, which it had flagged before the meeting as part of its efforts to promote higher lending and push up the pace of ...... Read More »

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