Bank Indonesia vows to remain vigilant as it leaves rate on hold

  • Banking
  • Thursday, 17 Jan 2019

JAKARTA: Indonesia’s central bank left its benchmark interest rate unchanged for a second month, while keeping the door open for more policy action if needed.

After hiking by 175 basis points since May, Bank Indonesia kept its seven-day reverse repurchase rate at 6 percent on Thursday, as predicted by all 26 economists surveyed by Bloomberg. 

Banking , Economy