Indonesia central bank keeps rates at 5.5%, eyes currency stability

Bank Indonesia maintains 2025 growth forecast at 4.6% to 5.4%

20250618 bank indonesia

Bank Indonesia has paused easing after it cut interest rates three times since September and  downgraded its economic growth outlook twice this year. © Reuters

JAKARTA (Reuters) -- Indonesia's central bank held policy rates steady on Wednesday, as expected, pausing in its easing cycle while reiterating an objective to balance the stability of the rupiah with efforts to lift economic growth.

Bank Indonesia kept the benchmark 7-day reverse repurchase rate at 5.50%, as expected by 21 of 31 economists polled by Reuters.

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