The interest for Aug.18/Aug.23

From: The Jakarta Post

Time deposit Maximum rate (%) Maximum rate (%)

Rupiah U.S. dollar

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1-month 59 15

3-month 54 14

6-month 44 14

12-month 43 14

24-month 27 18

Maximum overnight rate for rupiah : 70 percent

Maximum overnight rate for U.S. dollars: 17 percent

Source: Bank Indonesia

JP/The interest for Aug.18/Aug.23