JAKARTA -- Indonesia's central bank on Thursday cut its key interest rate for the first time in four months, as concerns grow over the impact of the new coronavirus on the economy.
Economy
Indonesia cuts key rate, buys bonds to soften coronavirus impact
Move aimed at supporting growth despite no cases confirmed in country
Bank Indonesia Gov. Perry Warjiyo presided over 100 basis points of cuts to its key rate last year. © Reuters
Read Next
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
ref.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Economy
