Indonesia Holds Rate Steady to Back Rupiah After Market Rout
(Bloomberg) -- Indonesia’s central bank kept its key interest rate unchanged for a second straight month, seeking to safeguard the rupiah after concerns about the economy’s outlook triggered a market selloff this week.Most Read from BloombergNYC Plans for Flood Protection Without Federal FundsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleA Malibu Model for Residents on the Fire FrontlinesThe Scary Thing About the Wildfire That Was StoppedBank Indonesia kept the BI-Rate at 5.75