Bank Indonesia Holds Rate at 5.75%, Lifts Deposit Facility as Rupiah Slumps

Name: Bank Indonesia Holds Rate at 5.75%, Lifts Deposit Facility as Rupiah Slumps
Uploaded: 2026-10-21T17:11:51.569901+00:00
Description: Bank Indonesia held its benchmark rate at 5.75% on Oct. 21, 2026, while raising the deposit facility rate and cutting bank reserve requirements to counter a rupiah rout. The moves followed a record two-day stock sell-off and an MSCI warning that Indonesian equities could be dropped from major benchmarks.

Bank Indonesia held its benchmark rate at 5.75% on Oct. 21, 2026, while raising the deposit facility rate and cutting bank reserve requirements to counter a rupiah rout. The moves followed a record two-day stock sell-off and an MSCI warning that Indonesian equities could be dropped from major benchmarks.

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