Indonesia central bank keeps policy rate unchanged, as expected


FILE PHOTO: Bank Indonesia's logo is seen at Bank Indonesia headquarters in Jakarta, Indonesia. REUTERS/Ajeng Dinar Ulfiana/file photo/File Photo

JAKARTA: Indonesia's central bank kept its policy rates unchanged on Wednesday, as expected.

Bank Indonesia (BI) left its benchmark 7-day reverse repurchase rate steady at 6.00%, where it has been since October, as widely expected in a Reuters poll.

Its two other policy rates, the deposit facility and lending facility, which act as the floor and ceiling of overnight money market rates, were also held unchanged at 5.25% and 6.75%, respectively. - Reuters

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Indoensia , Bank Indonesia ,

   

Next In Business News

Chin Chee Seong elected SME Association national president
Finding 'humanity' in finance
Oil posts big weekly drop after US jobs data
Investors with Australian property: Beware TAX
Malaysia can lead EV charge
Getting a good price for your home
Investing amid shifting expectations
Economic proxy play
Putting money on the banks
Higher credit score, better mortgage options

Others Also Read