Economics

Bank Indonesia to Maintain Accommodative Stance, Warjiyo Says

  • Rally in currency hurting commodity exports, governor says
  • Most economists see rate staying at 5% at meeting on Thursday

Bank Indonesia Governor Perry Warjiyo

Photographer: Dimas Ardian/Bloomberg
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Indonesia’s central bank will maintain an accommodative monetary policy stance to help bolster the economy, Governor Perry Warjiyo said a day before its first interest rate decision of the year.