Indonesia's central bank left interest rates unchanged on Wednesday, as expected, saying changed global dynamics after the U.S. election meant it had to focus on stabilising the currency, and analysts saw little chance of a near-term rate cut.

Bank Indonesia has extended its rate-cut pause as it sharpens focus on stabilizing the rupiah as renewed dollar strength after the U.S. election pressures many emerging-market currencies.

JAKARTA] Bank Indonesia (BI) kept its key interest rate unchanged at 6 per cent at its meeting on Wednesday (Nov 20), with the aim to stabilise the rupiah amid the currency’s post-US election slump. Read more at The Business Times.

Indonesia’s central bank kept its key interest rate unchanged, extending a pause in its easing cycle as market jitters and geopolitical tensions weaken the rupiah toward the key support level of 16,000 per dollar.

Indonesia's central bank left interest rates unchanged on Wednesday, as expected, saying changed global dynamics after the U.S. election meant it had to focus on stabilising the currency, and analysts saw little chance of a near-term rate cut.