Rate ceiling for Sept. 14-20
Time deposit Maximum rate Maximum rate
rupiah deposit (%) U.S. dollar deposit (%)
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1-month 66 15
3-month 60 15
6-month 48 15
12-month 47 15
24-month 29 18
Maximum overnight rate for rupiah : 58 percent
Maximum overnight rate for U.S. dollars: 19 percent
* Maximum interest rates which are covered by government guarantee.
Source: Bank Indonesia