MarketsBoard votes to stabilize the rupiah at risk of stoking further inflationBank Indonesia has kept interest rates unchanged for the previous seven months. (Photo by Yuki Kohara)NATSUMI KAWASAKIMay 20, 2026 16:46 JSTJAKARTA -- Indonesia's central bank decided to raise its key rate for the first time in more than two years at its two-day monthly policy meeting that concluded on Wednesday, prioritizing rupiah stabilization and foreign portfolio inflows.