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Indonesia's central bank says monetary policy focused on stability, growth

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The main focus of Indonesia's central bank is to ensure macroeconomic stability and support growth in Southeast Asia's largest economy, deputy central bank governor Perry Warjiyo said on Tuesday.

[JAKARTA] The main focus of Indonesia's central bank is to ensure macroeconomic stability and support growth in Southeast Asia's largest economy, deputy central bank governor Perry Warjiyo said on Tuesday.

In a surprise move last month, Bank Indonesia cut its benchmark rate by 25 basis points to 7.50 per cent as inflation moderated. The central bank next meets on March 17.

REUTERS