Indonesia central bank holds key rate as activity picks up and eyes Fed tapering


JAKARTA, Sept 21 (Reuters): Indonesia's central bank left its main policy rates steady at a record low on Tuesday to support an economic recovery from a recent devastating resurgence of Covid-19, while anticipating the impact of US tapering later this year.

Bank Indonesia (BI) kept the benchmark 7-day reverse repurchase rate at a record low of 3.50% for a seventh straight policy review, as expected by all 25 analysts in a Reuters poll.

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