JAKARTA -- Indonesia's central bank on Wednesday left its seven-day reverse repo rate unchanged at 5.75% for the third consecutive meeting.
Economists surveyed by Reuters had forecast the central bank would hold the benchmark rate steady.
Markets
Indonesia maintains key interest rate at 5.75% as rupiah slumps
Inflation remains subdued and below central bank's target range
The Indonesian rupiah fell earlier this month to an all-time low and exceeding its depreciation during the 1998 Asian financial crisis and the COVID-19 pandemic. © Reuters
Read Next
Latest on Markets
.png?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)