Indonesia's Central Bank Leaves Key Rate Unchanged

3/04/2011

(RTTNews) - Indonesia's central bank on Friday retained its key interest rate after raising it by a quarter point in February. Today, Bank Indonesia left the benchmark interest rate unchanged at 6.75%.
The board said inflation can be maintained at a target of 4%-6% this year. Inflation in Southeast Asia's largest economy had slowed to 6.8% in February from 7%.
But the central bank said the risk of future inflation pressure remains high.