Bank Indonesia (BI) held the benchmark seven-day reverse repurchase rate steady at 4.00% for a second month running.
JAKARTA: Indonesia’s central bank held its key interest rate unchanged yesterday to keep the rupiah currency stable, as the governor stressed that quantitative easing was a better way to support an economy tipping into recession due to the coronavirus pandemic.
Bank Indonesia (BI) held the benchmark seven-day reverse repurchase rate steady at 4.00% for a second month running.
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