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Bank of Indonesia Keeps Interest Rates Unchanged in Hope of Supporting Economy

The Bank of Indonesia (BI) decided at its meeting today (May 24) to leave the policy rate unchanged to balance support for Indonesia’s economic recovery with efforts to contain inflation.

Indonesia’s central bank kept its seven-day bond-buying rate at 3.50%, a record low.

The Bank of Indonesia also kept its deposit rate at 2.75% and the bond rate at 4.25%.

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