Indonesia’s central bank, Bank Indonesia, maintained the BI reference rate on hold at 6.75%. The Bank said: “Bank Indonesia views that the current BI Rate level is still in line with the effort to maintain stronger economic activities supported by stability, amid domestic excess liquidity and continued large capital inflows. Going forward, Bank Indonesia will closely monitor risks on macroeconomic stability, particularly emanating from capital inflows and global commodity prices. Meanwhile, inflation is estimated to be under control and could be lower than earlier forecasted if there is no Government policies regarding energy prices while the supply and distribution of basic foods are well maintained.”