Bank Indonesia Holds Key Rate After Rupiah Comes Under Pressure

Bank Indonesia Holds Key Rate After Rupiah Comes Under Pressure

(Bloomberg) — Indonesia’s central bank kept its key interest rate steady as expected, pausing an easing cycle as external risks drag on the rupiah currency. Most Read from Bloomberg Bank Indonesia left the benchmark BI-Rate unchanged at 6% on Wednesday, as predicted by 30 of the 41 economists surveyed by Bloomberg, with the rest expecting … Read more