Indonesia's Bank Indonesia maintains 6% benchmark rate, aims to control inflation and support economic growth.

Indonesia's central bank, Bank Indonesia, has maintained its benchmark interest rate at 6% following a recent reduction. The deposit and lending rates remain at 5.25% and 6.75%, respectively. This decision aims to control inflation within a target range of 1.5% to 3.5% through 2025 while supporting economic growth amid global uncertainties. The bank emphasized the importance of stabilizing the rupiah and plans to assess future rate cuts based on economic indicators.

5 months ago
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