Indonesia’s central bank raised interest rates again as it seeks to support the rupiah and contain inflation risks stemming from geopolitical volatility.

By IntelliNews Following a coordinated monetary intervention to defend the sovereign currency, Bank Indonesia (BI) is expected to pause its aggressive tightening cycle, Antara News reports. Top ...

Bank Indonesia raised its benchmark interest rate for the second consecutive month, as a prolonged Middle East conflict ...

Bank Indonesia previously announced its interest rate policy after its monthly RDG meeting, held in the middle of each month.

The rate hike is a follow-up step to further strengthen the stability of the rupiah’s exchange rate amid persistently high global uncertainty.

Indonesia's central bank unexpectedly raised interest rates by 25 ‌basis points on Tuesday, in a rare off-cycle move to try to stabilise the rupiah currency after it hit a succession of record lows.

Indonesia may raise interest rate again to protect the rupiah and curb market volatility, according to analysts, after the central bank’s surprise tightening on Tuesday helped the currency rebound ...

Bank Indonesia pledged to step up efforts to stabilize the rupiah as the currency faces renewed pressure from a stronger U.S.

Indonesia’s central bank hit the pause button again, holding rates steady after a surprise cut last month as it monitors currency headwinds and rising external risks. Bank Indonesia kept its benchmark ...