The central bank governor, Darmin Nasution, said the decision was made with a focus still on maintaining external balance through supporting domestic economic growth.
The meeting viewed various policies taken before had been able to reduce current account deficit.
Meanwhile domestic economy still continued to grow well although it was not as high as it was projected before due to continuing global economic slowdown.
Ahead Bank Indonesia would keep evaluating the impact of the policies that had been taken and if called for further measures would be taken in line with economic dynamics.
The bank would also continue to strengthen the coordination with the government in managing domestic demand and improving the balance of payment so that it would continue to match with efforts to safeguard macro-economic stability and sustainable national economic growth.
The BI board of governors has monitored that global economy tends to grow slower that projected before and remains overshadowed by uncertainty.
They have also seen the US economy to remain vulnerable while the European economy is still contracted due to continuing crisis.
On the other side, they also think that China`s and India`s economy are predicted to continue to drop while global economy is relatively moderate in line with the price of global commodities which tends to continue to decline.
In view of the conditions financial authorities in various countries have relaxed their policies with regard to bolstering the economic recovery.
The steps have created positive sentiment in the global financial markets and encouraged further flows of foreign capital to emerging countries, he said.
(SYS/B/H-YH)
Editor: Suryanto
Copyright © ANTARA 2012
