Economy

Indonesia holds rates at 5.75% for third straight meeting

Central bank expects inflation to ease to 2-4% target range in September

20230418 Bank Indonesia headquarters

Bank Indonesia headquarters in Jakarta. © Reuters

NANA SHIBATA and ISMI DAMAYANTI, Nikkei staff writers
April 18, 2023 16:51 JST

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

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