Bank Indonesia Holds Key Rate at 5.75%

Bank Indonesia's aggressiveness in monetary policy, particularly in raising the benchmark interest rate, finally came to a halt.

IDX CHANNEL - Bank Indonesia's aggressiveness in monetary policy, particularly in raising the benchmark interest rate, finally came to a halt. The Bank Indonesia board of governors' meeting for the period of February 2023, decided to hold the BI 7 Days Reverse Repo Rate at 5 point 75 percent.