Indonesia central bank raises rates by 25 basis points (opens original article in a new tab)

Indonesia's central bank increased its benchmark rates by 25 basis points, aiming to attract capital inflows and stabilize the rupiah and other assets, following a previous unexpected rate hike.

• Indonesia central bank raised benchmark rates by 25 basis points
• Central bank aims to attract capital inflows and stop rupiah and asset selling
• This follows a surprise off-cycle rate hike a week earlier