Central bank (Bank Indonesia/BI) left its benchmark 7-day reverse repo rate at 6% on 17th January 2019, as widely expected. Policy makers said the decision consistent with efforts to reduce the current account gap to a more healthy limit of around 2.5% of GDP in 2019, maintaining the attractiveness of domestic financial market for foreign investors. The lending and the deposit facility rates were also kept steady at 6.75% and 5.25% respectively.
