BI maintains rate at 6.50 percent

Friday, September 4th, 2009

The BI Board of Governors in a meeting here on Thursday decided to maintain the BI Rate at the level of 6.50 percent, The BI Board of Governors considered the monetary policy relaxation since December 2008 by cutting the BI rate by 300 basis points to 6.50 percent, was quite conducive ...

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Banker: BI Rate Down, Bank Do Not Take

Tuesday, May 5th, 2009

Bankers do not mind if the BI Board of Governors Meeting (RDG) today cut interest rates again reference BI Rate from 7.5 percent to 7.25 percent. However, they did not want to promise to follow them will return with lower interest rate. The reason, bankers have responded with a decrease in ...

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