Indonesia central bank seen standing pat on rates amid severe Covid-19 outbreak


JAKARTA, July 19 (Reuters): Indonesia's central bank will likely keep its key interest rate at a record low this week, a Reuters poll showed on Monday, as policymakers focus on supporting Southeast Asia's biggest economy amid the nation's most severe Covid-19 outbreak yet.

At a two-day policy meeting ending on Thursday, Bank Indonesia is expected to hold its 7-day reverse repurchase rate at 3.50%, where it has been since February, according to all 31 analysts surveyed by Reuters.

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Indonesia , Covid-19 , Central Bank , GDP , Interest Rates

   

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