Indonesia Central Bank Keeps Rates Unchanged to Support Gowth, Rupiah Goals

BI RATE - JAKARTA. Indonesia's central bank held its key policy rates steady on Wednesday, as expected, saying the current level supported economic growth while remaining consistent with its goal to anchor the rupiah, which hit a record low a day earlier.

Bank Indonesia (BI) kept the benchmark 7-day reverse repurchase rate at 4.75%, where it has been since September, as unanimously expected by 26 economists surveyed by Reuters.