You are here

Indonesia central bank holds benchmark rate at 7.50%

[JAKARTA] Indonesia's central bank on Thursday kept its benchmark reference rate unchanged at 7.50 per cent, as expected, saying the level is still consistent with efforts to contain inflation and make the current account deficit healthier.

All 25 analysts in a Reuters poll had predicted BI would hold its key rate at 7.50 per cent at Thursday's meeting.

The central bank also stood pat for its overnight deposit and lending facility rates, leaving them at 5.50 per cent and 8.00 per cent, respectively.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom