Bank Indonesia holds key rate, on guard against risks of outflows

Jakarta

INDONESIA'S central bank, concluding a policy meeting shortly after the Federal Reserve raised US interest rates, on Thursday held its benchmark steady and said it was on guard against "reversals" of capital flows into the country.

The main policy rate was maintained at 4.75 per cent, as predicted by all 23 analysts in a Reuters poll. The two other policy rates were also kept unchanged.