Maximum interest rates for Aug.10/Aug.17
JAKARTA (JP): The maximum time deposit interest rates and interbank overnight rates guaranteed by Bank Indonesia for the period Aug. 10 to Aug. 17 are as follows:
Time deposit Maximum rate Maximum rate
rupiah deposit (%) U.S. dollar deposit (%)
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1-month 57 15
3-month 51 14
6-month 42 14
12-month 41 14
24-month 26 18
Maximum overnight rate for rupiah : 62 percent
Maximum overnight rate for U.S. dollars: 20 percent
Source: Bank Indonesia