Indonesia maintains key interest rate at 5.75% as rupiah slumps

Inflation remains subdued and below central bank's target range

20250422 rupiah

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

NANA SHIBATA

JAKARTA -- Indonesia's central bank on Wednesday left its seven-day reverse repo rate unchanged at 5.75% for the third consecutive meeting.

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