Bank Indonesia keeps rates unchanged at record low
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JAKARTA: Indonesia's central bank kept its benchmark interest rate unchanged at a record low on Thursday, as expected, saying the level remained consistent with its inflation target and supporting economic growth.,
Bank Indonesia (BI) left the benchmark seven-day reverse repurchase rate at 3.50%, where it has been since February 2021, as forecast by most analysts in a Reuters poll.
It also left unchanged the overnight deposit and lending facility rates at 2.75% and 4.25%, respectively. - Reuters