Indonesia holds interest rate despite slowing growth

Indonesia's central bank held its key interest rate for the fifth consecutive month Tuesday despite slowing growth in Southeast Asia's biggest economy. Bank Indonesia kept the rate unchanged at 7.50 percent, as expected. The central bank is facing a dilemma as slashing rates would help spur slowing growth but a cut could further weaken the rupiah, one of Asia's worst performing currencies, and could also push up already high inflation.