JAKARTA -- Indonesia's financial authorities on Wednesday loosened the reins on companies wanting to buy back shares and verbally intervened to support stock prices, but the central bank held its policy rate steady after the country's benchmark index plunged to a multi-year low a day earlier.
Markets
Indonesia financial authorities move to support slumping stocks
Central bank leaves policy rate unchanged amid rupiah weakness
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More than 60% of economists, or 19 of 31 in a Reuters poll, had predicted the central bank would keep its policy rate at 5.75%. © Reuters
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