# Bank Indonesia is likely to keep policy rates near record low ...

> Bank Indonesia was widely expected to hold its 7-day reverse repo rate at a record low of 4.75% at its February 16 meeting. Indonesia's 2016 growth was 5.02%, and Moody's revised its sovereign outlook to positive on February 8.

- Date: 2017-02-16 · published 2017-02-16T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/72810-bank-indonesia-is-likely-to-keep-policy-rates-near-record-low
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Stable low policy rates support domestic livestock and feed credit, while a positive rating outlook may help capital inflows that stabilise the rupiah for feed import costs.

## Read by commodity

- USDIDR: neutral

## Sources

- ibtimes.sg: https://www.ibtimes.sg/bank-indonesia-likely-keep-policy-rates-near-record-low-economy-looks-better-growth-2017-7582

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.