Indonesian rates on hold

The Central Bank of Indonesia yesterday left interest rates unchanged at 12.75% for a second month, as economic growth slowed down.

Six interest rate increases since July have helped the rupiah recover from a four-year low on August 30 last year amid concerns that rising oil prices would increase the cost of government fuel subsidies and lead to a widening of the budget deficit.

The rate hikes and the relaxation of the government's fuel subsidy scheme have lead to a recovery of the rupiah and

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: