Indonesia's central bank seen keeping rates unchanged on Thursday

11 Nov, 2014

JAKARTA: Indonesia's central bank is expected to keep interest rates unchanged at its monthly policy meeting on Thursday, a Reuters poll showed.

All 15 analysts in the poll said the benchmark reference rate would be maintained at 7.50 percent, where it has been since 12 months ago.

Analysts also expected no change for Bank Indonesia's overnight deposit facility rate, known as Fasbi, and lending facility rate, currently at 5.75 percent and 7.5 percent respectively.

After Thursday, the final policy meeting of the year will be on Dec. 11.

Ten out of 12 analysts see the benchmark rate on hold until the end of year. Two predict the central bank will hike it 25 basis points if the President Joko Widodo's government raises fuel prices by next month.

Copyright Reuters, 2014

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