JAKARTA, Sept 21 (Bloomberg): Indonesia’s central bank left its benchmark interest rate unchanged at a record low as the economy begins to emerge from the country’s worst coronavirus wave and financial markets brace for tighter policy in the US.
Bank Indonesia held the seven-day reverse repurchase rate at 3.5% on Tuesday, as expected by all 31 analysts in a Bloomberg survey. The key rate has been at that level since February, and central bank Governor Perry Warjiyo has signaled the bank could remain on hold at least until year-end.