Indonesia central bank keeps rates steady, as expected

November 18, 2021, 02.41 PM  | Reporter: Wahyu Tri Rahmawati
Indonesia central bank keeps rates steady, as expected

ILUSTRASI. Indonesia's central bank kept its main policy rates steady at a record low on Thursday.


BI RATE - JAKARTA. Indonesia's central bank kept its main policy rates steady at a record low on Thursday, as expected, aiming to bolster the country's economic growth while trying to keep the rupiah currency stable.

Bank Indonesia (BI) left the benchmark 7-day reverse repurchase rate unchanged at 3.50%, where it has been since February, as expected by all economists surveyed by Reuters.

The bank also kept the deposit and lending facility rates at 2.75% and 4.25%, respectively. 

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Editor: Wahyu T.Rahmawati

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