Indonesian Central Bank (BI) maintained its key rate at 6 percent announced by the BNI Governor Perry Warjiyo. The deposit and lending facility also maintained at 5.25 percent and 6,75 percent, respectively.

BI Governor said that that the policy is in line with joint efforts by the central bank and the government to narrow the current account deficit to within a safe level, while maintaining the attractiveness of domestic of financial assets.

BI senior deputy governor Mirza Adityaswara said that the central bank would like to closely look the development with the regards to the monetary tightening path of the United States Federal Reserves, the chairman of which, Jerome Powell, having previously signaled a more dovish tone with regard to the rate 2019 rate high.

Source: https://www.thejakartapost.com/news/2019/01/17/bank-indonesia-holds-key-rate-at-6-percent.html