ocbc bank foreign currency fixed deposit rate

Monetary operations consist of Open Market Operations (OMO) and Standing Facilities (SF). To maintain the exchange rate in line with its fundamental values, Monetary Operations are conducted through the implementation of interventions and/or other foreign exchange transactions on the foreign exchange market. To control the interest rate in PUAB O/N as the operational target of monetary policy, Bank Indonesia conducts liquidity management in Rupiah money market through liquidity absorption and/or liquidity injection. To achieve the monetary stability, Monetary Operations are carried out by controlling the interest rates in Overnight Interbank Money Market (PUAB O/N) to move around the policy rate which is BI 7-Day Reverse Repo Rate (BI7-DRR) and maintaining rupiah exchange rate stability in line with the fundamental exchange rate. Monetary operations may be conducted in a conventional manner and based on sharia principles. Monetary Operations aim to achieve monetary stability in the money market and foreign exchange market in an integrated manner.

Ocbc bank foreign currency fixed deposit rate