As expected, Bank Indonesia (BI) agreed on 16th and 17th March 2022 to hold the BI 7-Day Reverse Repo Rate at 3.50% while also maintaining the Deposit Facility (DF) rates at 2.75% and Lending Facility (LF) rates at 4.25%. The decision is consistent with the need to maintain exchange rate stability and control inflation.To subscribe please click here