Indonesia’s central bank (Bank Indonesia/BI) on Thursday (Mar 22) decided to hold its benchmark interest rate policy—the BI 7-day Reverse Repo Rate—at 4.25%, even though the Fed rate was raised a quarter point to 1.5-1.75% on Wednesday. BI said that their policy stance was consistent with efforts to maintain macroeconomic stability and to support domestic economic recovery.To subscribe please click here