JAKARTA: Indonesia’s central bank kept its benchmark rate steady on Thursday, as expected, saying current policy was conducive to anchoring inflation, supporting economic growth and maintaining financial market stability.
The benchmark 7-day reverse repurchase rate was kept at 5.00%, where it has been since Bank Indonesia’s (BI) last rate cut in October, as predicted by the majority of analysts in a Reuters poll.
BI’s two other main rates for deposit and lending facilities were also kept unchanged at 4.25% and 5.75%, respectively. -Reuters
source https://www.thesundaily.my/business/indonesia-c-bank-keeps-policy-rate-unchanged-for-a-third-month-IA1929974
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