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INDONESIAN INTEREST RATE ON "CALL MONEY" DOWN.

AsiaPulse News

| March 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

JAKARTA, March 1 Asia Pulse - The interest rate on "call money" in the interbank money market in Jakarta on Thursday slipped to 7.26/7.30 per cent from 7.51/7.55 per cent, while the rupiah's liquidity was still slack with the "overnight" interest rate at 7.50 per cent.

The average rate for rupiah in the interbank money market guaranteed by Bank Indonesia (central bank) for one month stood at 7.25 per cent, ...

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Source: HighBeam Research, INDONESIAN INTEREST RATE ON "CALL MONEY" DOWN.

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