Indonesia's central bank holds interest rate as rupiah weakens
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Jakarta
INDONESIA'S central bank kept its main interest rate unchanged for a fourth month, as a weakening rupiah curbs room for policy easing to boost growth.
Governor Agus Martowardojo and his board held the reference rate at 7.5 per cent, Bank Indonesia (BI) said in Jakarta on Thursday, an outcome predicted by all 18 economists surveyed by Bloomberg News.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts