Indonesia c.bank keeps policy rate unchanged for a third month


Indonesia's central bank kept its benchmark rate steady on Thursday, as expected.

JAKARTA: Indonesia's central bank kept its benchmark rate steady on Thursday, as expected, saying current policy was conducive to anchoring inflation, supporting economic growth and maintaining financial market stability.

The benchmark 7-day reverse repurchase rate was kept at 5.00%, where it has been since Bank Indonesia's (BI) last rate cut in October, as predicted by the majority of analysts in a Reuters poll.

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