ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Bank Indonesia carries out third rate cut in three months

Benchmark lowered 25 basis points to 5.25% to stimulate flagging growth

Bank Indonesia's headquarters in Jakarta: The central bank has veered from aggressive tightening to a streak of three rate cuts.   © Reuters

JAKARTA -- Indonesia's central bank on Thursday announced its third rate cut in as many months, demonstrating its resolve to get ahead of a slowing global economy amid the U.S.-China trade conflict.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more