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Bank Indonesia holds key interest rate steady, trims 2017 growth forecast

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Published Thu, Nov 17, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Jakarta

INDONESIA'S central bank, citing "escalating" global economic uncertainty, on Thursday held its key interest rate steady as expected and trimmed its growth forecast for 2017.

Bank Indonesia (BI) maintained its benchmark interest rate at 4.75 per cent, as forecast by 18 out of 19 analysts in a Reuters poll.

Bank Indonesia

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