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Indonesia c.bank keeps key rates unchanged amid pressure on rupiah

Sumary of Indonesia c.bank keeps key rates unchanged amid pressure on rupiah:

  • Article content JAKARTA — Indonesia central bank kept its main policy rates steady on Thursday, holding fire after a bout of monetary support during the COVID-19 pandemic, and as the rupiah has come under pressure due to capital outflows…
  • Bank Indonesia (BI) left the benchmark 7-day reverse repurchase rate unchanged at a record low of 3.50%, as expected by all 28 analysts in a Reuters poll, after cutting them in February to help the coronavirus-hit economy…….

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