Indonesia Leaves Monetary Policy Unchanged

The Bank Indonesia left its benchmark interest rate on hold at 7.5 percent at its June 18th meeting as widely expected.
Joana Taborda | joana.taborda@tradingeconomics.com 6/18/2015 10:59:47 AM
Policymakers said current policy stance is consistent with efforts to keep inflation at 4 ± 1% in 2015 and 2016, as well as narrowing the current account deficit to 2.5-3% of GDP in the medium term.

The lending facility and the deposit facility rate were left unchanged at 8.0 percent and 5.5 percent respectively.

Indonesia Leaves Monetary Policy Unchanged