Bank Indonesia delivers another surprise rate cut to boost economy

Central bank lowers its benchmark rate by a quarter point to 4.75%

20250917 perry warjiyo

Indonesia’s local markets had been roiled by two weeks of protests across the country from late August due to public frustration over economic hardships. © Reuters

NANA SHIBATA

JAKARTA -- Indonesia's central bank announced a surprise cut to its policy rate on Wednesday, citing the need to accelerate the economy.

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