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MNI BRIEF: Bank Indonesia Keeps Rates On Hold

MNI (Sydney)

Indonesia's central bank has left is benchmark seven-day reverse repo unchanged at 3.5% after a Board of Governors meeting on Thursday as expected.

Bank Indonesia also left its overnight deposit and lending facility rates at 2.75% and 4.25%, respectively.

The decision was widely expected. The seven-day reverse repo rate has been at unchanged since February.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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