The entrance to the Bank Indonesia headquarters in Jakarta. — Bloomberg
JAKARTA: Indonesia's central bank cut interest rates again in a surprise move on Wednesday, stepping up support for Southeast Asia's largest economy against the backdrop of global uncertainties.
Bank Indonesia (BI) trimmed the benchmark 7-day reverse repurchase rate by 25 basis points to 5.00%, its fifth rate cut since September, taking it to its lowest level since late 2022.
