Indonesia's central bank unexpectedly announced a cut in its key interest rate on Wednesday in a bid to boost economic growth and a weakening rupiah.

Indonesia central bank has cut its benchmark banking interest rate by 25 basis points to 575 percent Bank Indonesia said on Wednesday The decision ...

Gas prices rose sharply, but investors homed in on a small decline in the core CPI. U.S. stocks rose, with new inflation data reviving hopes of rate cuts, and solid results from big banks setting a ...

Indonesia's central bank unexpectedly lowered interest rates for the first time in five policy sessions, in a bid to boost the ...

Bank Indonesia (BI) reduced the benchmark seven-day reverse repurchase rate by 25 basis points to 5.75%, having previously ...

BI Governor Perry Warjiyo says the central bank's unexpected decision to cut rates this month was driven in part by reduced ...

Board of Governors meeting in January 2025 decided to cut the benchmark interest rate to 5.75 percent from 6 percent.

It also comes just three months after President Prabowo Subianto took office with an ambitious goal of boosting growth to 8 ...

Indonesias central bank, Bank Indonesia (BI), unexpectedly reduced its benchmark 7-day reverse repurchase rate by 25 basis ...

Bank Indonesia lowered its benchmark seven-day reverse repo rate to 5.75% on Wednesday, snapping a three-meeting run of standing pat. It lowered its overnight deposit facility rate to 5.25% and ...

The central bank was active in the currency market helping support the rupiah after it came under pressure from a surprise ...

The rupiah has depreciated on the back of Bank Indonesia's unexpected decision to lower the key policy rate by 25bp, with ...