Indonesia’s central bank left its interest rate unchanged for the second successive meeting on Thursday as inflation is expected to return to the target range this year.
The Board of Governors of Bank Indonesia decided to hold the 7-day reverse repo rate at 5.75 percent. The deposit facility rate was retained at 5.00 percent and the lending facility rate at 6.50 percent.
Read Full Story
Latest posts by Top News Editor (see all)
- Hong Kong Central Bank Hikes Base Rate By 25 Bps - March 23, 2023
- European Economic News Preview: BoE, SNB Monetary Policy Set To Lift Rates - March 23, 2023
- Dollar Loses Ground Against Major Counterparts After Fed Rate Decision - March 22, 2023