Jakarta, 10 June 2026 – Bank Indonesia has raised interest rates in a surprise emergency move to defend the rupiah, highlighting the pressure facing Asian central banks as currency weakness, global volatility and investor concerns collide.
The central bank lifted its benchmark seven-day reverse repo rate by 25 basis points to 5.50% at an unscheduled meeting on Tuesday. The decision came just weeks after Bank Indonesia delivered a larger-than-expected 50 basis point hike, showing how aggressively policymakers are trying to stabilise the currency.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
This content has been restricted to logged-in users only. Please log in to view this content.
