Indonesia's central bank hikes rates again, totaling 1% in span of a month

Indonesia's central bank hikes rates again, totaling 1% in span of a month

Bank Indonesia sees 5.75% interest rate as stabilizing the rupiah and preventing capital outflows

<Indonesia's central bank hikes rates again, totaling 1% in span of a month - Nikkei Asia>

Indonesia holds rates at 5.75% amid weak rupiah, stock slump

Indonesia holds rates at 5.75% amid weak rupiah, stock slump

Indonesia's central bank on Wednesday left its seven-day reverse repo rate unchanged at 5.75% as the rupiah depreciates and after the country's benchmark index plunged to a multi-year low on Tuesday.

<https://asia.nikkei.com/Business/Markets/Indonesia-holds-rates-at-5.75-amid-weak-rupiah-stock-slump>