Indonesia c.bank keeps rates unchanged as expected

Kitco Media
By Reuters
Published:
Updated:
Reuters
JAKARTA, April 18 (Reuters) - Indonesia's central bank on Tuesday kept its benchmark interest rates unchanged for a third consecutive meeting, as inflation continued to slow and after the rupiah currency strengthened significantly. Bank Indonesia (BI) left the 7-day reverse repurchase rate unchanged at 5.75%, as expected by all 30 economists polled by Reuters. Its deposit and lending facility rates were also kept steady at 5.00% and 6.50%, respectively. (Reporting by Gayatri Suroyo, Fransiska Nangoy and Stefanno Sulaiman Editing by Ed Davies)

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