Indonesia's central bank holds rates steady, as expected - The Business Times

Bank Indonesia maintains the benchmark seven-day reverse repurchase rate at 5.75% [JAKARTA] Indonesia’s central bank on Wednesday (Sep 23) held interest rates steady at its first meeting after Destry Damayanti’s appointment as governor earlier in September , in line with market expectations. Bank Indonesia (BI) kept steady the benchmark seven-day reverse repurchase rate at 5.75 per cent, as predicted by 29 of 32 economists polled by Reuters. The bank also kept the overnight deposit facility rate and lending facility rate at 4.75 per cent and 6.5 per cent, respectively.