JAKARTA - Indonesia’s central bank raised its benchmark interest rates by 25 basis points on Thursday, just a week after a surprise off-cycle hike, as it seeks to attract fresh capital and halt selling in its battered rupiah and other assets.
Bank Indonesia raised the seven-day reverse repurchase rate to 5.75%, the highest level since May 2025. Twenty of 35 economists in a Reuters survey had predicted the move; two expected a 50-basis-point increase and the other 13 expected no change.
