Indonesia Central Bank Keeps Rates Steady, Focuses on Stabilizing the Rupiah

August 21, 2024, 03.53 PM | Source: Reuters
Indonesia Central Bank Keeps Rates Steady, Focuses on Stabilizing the Rupiah

ILUSTRASI. Bank Indonesia (BI) kept the benchmark 7-day reverse repurchase rate at 6.25%, where it has been since April.

BI RATE - JAKARTA. Indonesia's central bank on Wednesday held interest rates steady, as expected, preferring to focus on stabilizing the rupiah before possibly easing rates later this year.

Bank Indonesia (BI) kept the benchmark 7-day reverse repurchase rate at 6.25%, where it has been since April, as expected by all 30 economists polled by Reuters.

Thanks for reading Kontan English.
Please create account or log in.

Only Rp5,000 to continue reading.

BUY NOW!
Editor: Wahyu T.Rahmawati
Latest News