Indonesia holds interest rate at 7.5% to support rupiah

Indonesia's central bank held its key interest rate steady on Tuesday as Southeast Asia's biggest economy seeks to support the rapidly weakening rupiah, following an unexpected cut in February. Bank Indonesia's board of governors kept the rate at 7.50 percent, as expected. Bank Indonesia spokesman Tirta Segara told reporters the decision was also in line with the bank's efforts to keep inflation in check and rein in a stubborn current-account deficit. "Looking ahead, it