Indonesia central bank will not hesitate to hike rate when inflation picks up-gov

NUSA DUA: Indonesia central bank governor Perry Warjiyo said on Sunday when the country’s inflation starts picking up fundamentally, Bank Indonesia will not hesitate to respond with an interest rate hike.

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A well-communicated and well-planned timeline will be important for the central bank to make adjustments to its interest rate policy, Warjiyo said at a seminar on the sidelines of G20 finance leaders meeting in the resort island of Bali.