JAKARTA (Yosefardi) – Bank Indonesia’s board of governors today decided to keep the benchmark BI rate at 7.5%, for six consecutive months.
The rate of lending and deposit facility is also maintained at 7.5% and 5.75% respectively.
The rupiah was traded at Rp11,290 against the US Dollar at 3.28 pm Jakarta time. It reached Rp11,315 at 10 am Jakarta time, but then strengthened again ahead of BI Rate decision.