georgemiller
Publish Date: Wed, 19 Mar 2025, 07:39 AM

JAKARTA, March 19 (Reuters) - Indonesia's central bank kept policy rates unchanged for a second straight review on Wednesday, as expected, against a backdrop of turmoil in local markets on concerns about global trade wars and the government's fiscal policy.
Bank Indonesia held the benchmark 7-day reverse repurchase rate (IDCBRR=ECI) , opens new tab steady at 5.75%, as expected by 19 of 31 analysts polled by Reuters. The rest had expected a rate cut.
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The central bank also left its overnight deposit facility (IDCBID=ECI) , opens new tab and lending facility rates (IDCBIL=ECI) , opens new tab unchanged at 5.00% and 6.50%, respectively.
https://www.reuters.com/markets/asia/indonesia-central-bank-holds-rates-amid-market-volatility-2025-03-19/