Indonesia's central bank unexpectedly raised its key interest rate by a quarter-point on Thursday in order to curb the fall in the domestic currency rupiah after retaining the policy rate unchanged for eight consecutive sessions.
The Board of Governors of Bank Indonesia, led by Governor Perry Warjiyo, decided to lift the seven-day reverse repo rate by 25 basis points to 6.00 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.