Friday Briefing

Economy: On 18 and 19 March 2020, the Board of Governors of Bank Indonesia (BI) agreed to lower the BI 7-day Reverse Repo Rate by 25 bps to 4,50%, Deposit Facility (DF) rates lowered 25 bps to 3,75% and Lending Facility (LF) rates lowered 25 bps to 5,25%. According to BI, monetary policy remains accommodative…