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Indonesia central bank holds rates amid market uncertainties - REUTERS

MARCH 19, 2025

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JAKARTA, March 19 (Reuters) - Indonesia's central bank kept policy rates unchanged for a second straight review on Wednesday, as expected, against a backdrop of turmoil in local markets on concerns about global trade wars and the government's fiscal policy.

Bank Indonesia held the benchmark 7-day reverse repurchase rate (IDCBRR=ECI), steady at 5.75%, as expected by 19 of 31 analysts polled by Reuters. The rest had expected a rate cut.

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