JAKARTA: Indonesia's central bank held its benchmark rates unchanged at a record low on Tuesday as it sought to support the economic recovery after a recent COVID-19 wave, while seeking to keep the rupiah currency stable.
Bank Indonesia held the benchmark 7-day reverse repurchase rate steady at 3.50 per cent for the eight month. All 29 analysts in a Reuters poll had expected rates to remain unchanged. BI also kept its deposit facility and lending facility rates unchanged at 2.75 per cent and 4.25 per cent, respectively.
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