MarketsThe rupiah's decline and capital outflow prompts hike decision for first time in 25 monthsBank Indonesia has kept interest rates unchanged for the previous seven months. (Photo by Yuki Kohara)NATSUMI KAWASAKIMay 20, 2026 16:46 JSTUpdated on May 20, 2026 18:36 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.