JAKARTA Indonesia's central bank held its main interest rates steady at a review on Wednesday, as expected by a narrow majority of analysts, keeping its focus on stabilising the rupiah currency which had earlier hit a four-month low against the dollar.
Bank Indonesia held the benchmark rate at 6.00%, as predicted by 17 of 31 economists polled by Reuters. The other 14 had expected a 25-basis-point rate cut.
The central bank also left the overnight deposit facility and lending facility rates steady at 5.25% and 6.75%.
- Reuters
Created by Tan KW | Dec 18, 2024
Created by Tan KW | Dec 18, 2024
Created by Tan KW | Dec 18, 2024
Created by Tan KW | Dec 18, 2024