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Indonesia Interest Rate | 2005-2018 | Data | Chart | Calendar | Forecast

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Indonesia Interest Rate | 2005-2018 | Data | Chart | Calendar | Forecast

Bank Indonesia raised its 7-day reverse repurchase rate by 25 bps to 5.75 percent on September 27th, matching expectations. It was the fifth hike in six meetings, in an attempt to support the country's falling currency. The rupiah already weakened nearly 10 percent against the USD since the beginning of the year, reaching its lowest since 1998, amid a higher than expected current account deficit and a continued strengthening of the dollar. The...

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