Bank Indonesia (B.I.) lowered its benchmark 7-day reverse repo rate by 25bps to 4.75% during its February meeting, the first interest rate cut since October last year, amid expecting economic impact from the coronavirus outbreak, as widely expected. The decision was consistent with effort to anchor inflation and support GDP growth. The Bank added that will continue to monitor global economic development, domestic factors to take advance of room for acommodative macro-prudential policies. The lending and the deposit facility rates were also trimmed by the same amount to 5.5% and 4.0% respectively.