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>

BI hikes key interest rate by 50 bps to stabilize rupiah

BI hikes key interest rate by 50 bps to stabilize rupiah

Bank Indonesia (BI) has increased its benchmark interest rate by 50 basis points (bps) to stabilize the rupiah, blaming the recent depreciation of the Indonesian currency on external pressure.

<BREAKING: BI hikes key interest rate by 50 bps to stabilize rupiah - Regulations - The Jakarta Post>

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>