JAKARTA -- Indonesia's central bank raised its benchmark interest rate on Thursday for the fifth consecutive month to its highest level since August 2019, as it toughens its fight against inflation.
Central bank remains hawkish but shows confidence it can ease inflation
Bank Indonesia has raised its benchmark interest rate for a fifth consecutive month. © Reuters
JAKARTA -- Indonesia's central bank raised its benchmark interest rate on Thursday for the fifth consecutive month to its highest level since August 2019, as it toughens its fight against inflation.