JAKARTA - Indonesia's central bank held its benchmark rates unchanged at a record low on Tuesday as it sought to support the economic recovery after a recent COVID-19 wave, while seeking to keep the rupiah currency stable.
Bank Indonesia (BI) held the benchmark 7-day reverse repurchase rate IDCBRR=ECI steady at 3.50% for the eight month. All 29 analysts in a Reuters poll had expected rates to remain unchanged.
BI also kept its deposit facility IDCBID=ECI and lending facility IDCBIL=ECI rates unchanged at 2.75% and 4.25%, respectively.
(Reporting by Fransiska Nangoy and Bernadette Christina Munthe; Editing by Ana Nicolaci da Costa)