Bank Indonesia keeps its policy rate unchanged for first time in 4 months

Decision comes amid growing concerns over the central bank's independence

20251022 rupiah

Prices in Indonesia rose by 2.65% in September, up from 2.31% in August but within the central bank's target range of 1.5% to 3.5%. © Reuters

NATSUMI KAWASAKI

JAKARTA -- Indonesia's central bank decided to keep key rates unchanged at its two-day monthly policy meeting that concluded on Wednesday, after having delivered rate cuts in each of the past three months.

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