KONTAN.CO.ID - JAKARTA. Indonesia's central bank kept its benchmark interest rate unchanged for a second straight month on Thursday, citing the need to maintain financial market stability amid recent pressure on the rupiah currency. The 7-day reverse repurchase rate, its main policy rate, was kept at 4.00%, as forecast in a Reuters poll. Bank Indonesia (BI) also held steady its two other main rates, the deposit facility and lending facility , at 3.25% and 4.75%, respectively.
Indonesia central bank holds rates for second month in a row
KONTAN.CO.ID - JAKARTA. Indonesia's central bank kept its benchmark interest rate unchanged for a second straight month on Thursday, citing the need to maintain financial market stability amid recent pressure on the rupiah currency. The 7-day reverse repurchase rate, its main policy rate, was kept at 4.00%, as forecast in a Reuters poll. Bank Indonesia (BI) also held steady its two other main rates, the deposit facility and lending facility , at 3.25% and 4.75%, respectively.