JAKARTA: Indonesia’s central bank kept its benchmark rate steady on Thursday, as expected, saying current policy was conducive to anchoring inflation, supporting economic growth and maintaining financial market stability.
The benchmark seven-day reverse repurchase rate was kept at 5%, where it has been since Bank Indonesia’s (BI) last rate cut in October, as predicted by the majority of analysts in a Reuters poll.
BI’s two other main rates for deposit and lending facilities were also kept unchanged at 4.25% and 5.75%, respectively. – Jan 23, 2020, Reuters
