Indonesia Tasso Di Interesse

The Bank of Indonesia held its interest rates unchanged for the fourth consecutive time during its February 2024 meeting, aligning with market expectations, saying that current levels remained adequate to manage inflation, while supporting economic growth and strengthening the rupiah's stability. At the same time, the overnight deposit facility and the lending facility were kept at 5.25% and 6.75%, respectively. Moreover, the central bank revised its growth forecast for 2024 to 4.7% to 5.5%, from 4.7% to 5% previously, citing improving exports due to increasing global economic growth as well as sustained domestic demand supported by positive economic sentiment. Policymakers also projected the current account deficit to be between 0.1% to 0.9% of GDP.