Indonesia c.bank keeps interest rates unchanged as expected

Kitco Media
By Reuters
Published:
Updated:
Reuters
JAKARTA, Feb 16 (Reuters) - Indonesia's central bank held its key interest rate unchanged on Thursday, emphasising that the current level should be sufficient to guide inflation back to within its target range later this year. Bank Indonesia (BI) kept the benchmark 7-day reverse repurchase at 5.75%, as expected by the majority of economists in a Reuters poll. Its two other main policy rates, the deposit facility and lending facility , were also left steady at 5.00% and 6.50%, respectively. (Reporting by Gayatri Suroyo Editing by Ed Davies)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.