JAKARTA : Indonesia's central bank kept interest rates unchanged at record lows on Thursday, as expected, citing a need to keep financial markets stable, anchor inflation and support the economy's recovery from the COVID-19 pandemic.
Bank Indonesia held the benchmark 7-day reverse repurchase rate at 3.50per cent, as expected by all economists in a Reuters poll. It also left the overnight Deposit Facility rate and Lending Facility rate steady at 2.75per cent and 4.25per cent, respectively.
Source: Financial Digest (financialdigest.net)