indonesias central bank maintained its benchmark interest rate on thursday to safeguard the stability of the rupiah as the countrys economy shows signs of improving the central bank kept its sevenday reverse repo rate unchanged at 350 in a wall street journal poll seven analysts unanimously expected the central bank to keep the benchmark rate unchanged bank indonesia maintained its overnight deposit and lending facility rates at 275 and 425 respectively indonesias economy could recover further in the fourth quarter thanks to increased mobility higher retail sales and strengthening consumer confidence bank indonesia gov perry warjiyo said the central bank expects indonesias economic growth to range between 4755 next year he said in the third quarter indonesias economy grew 351 on year this was slower compared with growth of 707 in the second quarter as indonesia moved to tighten covid19 movement controls to curb the spread of the coronavirus southeast asias largest economy had shrunk 207 in 2020 due to the coronavirus marking its first annual contraction since the asian financial crisis according to the latest data from indonesias health ministry the number of covid19 cases in the country has crossed 42 million and the pandemic has caused 143969 deaths