The central bank (Bank Indonesia/BI), as expected, decided to raise its benchmark interest rate, the BI 7-day Reverse Repo Rate by 25 bps to 4.50%, on Thursday (May 17), after keeping it at 4.25% over eight consecutive months since September of 2017. BI also raised the Deposit Facility (DF) and Lending Facility (LF) rates by 25 bps to 3.75% and 5.25% respectively.To subscribe please click here