KONTAN.CO.ID - JAKARTA. Indonesia's central bank kept its key interest rate unchanged on Tuesday (19/5), against expectations for a cut, saying the current level was in line with efforts to ensure market stability though stressed there still remained room for a reduction. Bank Indonesia (BI) left the benchmark 7-day reverse repurchase rate unchanged at 4.50%, as forecast by 10 of 26 analysts in a Reuters poll. The rest had predicted a 25-basis point cut. Baca Juga: #IndonesiaWhatever: Indonesians vent online over virus response
Indonesia central bank keeps policy rate steady to support FX stability
KONTAN.CO.ID - JAKARTA. Indonesia's central bank kept its key interest rate unchanged on Tuesday (19/5), against expectations for a cut, saying the current level was in line with efforts to ensure market stability though stressed there still remained room for a reduction. Bank Indonesia (BI) left the benchmark 7-day reverse repurchase rate unchanged at 4.50%, as forecast by 10 of 26 analysts in a Reuters poll. The rest had predicted a 25-basis point cut. Baca Juga: #IndonesiaWhatever: Indonesians vent online over virus response