Bank Indonesia to hold rates steady at 5.50% on June 18
Government
BENGALURU : Bank Indonesia will hold its interest rate steady on Wednesday, according to two-thirds of economists in a Reuters poll, although they remain divided on where borrowing costs might end the year. Indonesia's central bank will announce its decision just hours before the U.S. Federal Reserve is due to meet, with BI likely to prioritise the stability of the rupiah, which has risen nearly 4 per cent since early April. The Fed is expected to maintain rates until September amid concerns
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