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<div><br>JAKARTA, Aug 15 (Reuters) - Indonesia's central bank on Wednesday raised its benchmark interest rate for the fourth time since mid-May to defend the rupiah, which has again come under pressure, partly due to Turkey's financial crisis.<br>Bank Indonesia (BI) raised its 7-day reverse repurchase rate by 25 basis points to 5.50 percent, as expected by 6 of 19 economists in a Reuters poll. Its deposit and lending facility rates were moved by the same amount, to 5.00 percent and 6.25 percent, respectively.<br><br>The rupiah lost about 1 percent of its value against the dollar on Monday amid a wide emerging market sell-off. The currency has hit its weakest point in nearly three years several times this week. After Wednesday's announcement, the rupiah strengthened to around 14,585 per dollar.<br>Between mid-May and the end of June, [https://momcheap.bookmark.com/top-4-bi-weekly-budget-app momcheap.bookmark.com] BI hiked interest rates three times totalling 100 basis points, including at an off-cycle meeting. It kept rates steady at its July meeting. BI has also spent billions of dollars of foreign exchange reserves to defend the rupiah.<br><br>The central bank and the government now are seeking ways to bolster reserves and reduce imports. Announcement date Rate 15-Aug-2018 5.50 19-Jul-2018 5.25 29-Jun-2018 5.25 30-May-2018 4.75 17-May-2018 4.50 19-Apr-2018 4.25 22-Mar-2018 4.25 15-Feb-2018 4.25 18-Jan-2018 4.25 14-Dec-2017 4.25 16-Nov-2017 4.25 19-Oct-2017 4.25 22-Sep-2017 4.25 (Reporting by Nilufar Rizki, Maikel Jefriando, Tabita Diela, Fransiska Nangoy and Gayatri Suroyo; Editing by Ed Davies and Richard Borsuk)<br></div>SheriMelson9http://www.abarrelfull.co.uk/index.php?title=User:SheriMelson9&diff=31673User:SheriMelson92020-07-03T16:03:19Z<p>SheriMelson9: Created page with "Over 400 Hiscox insurance policyholders have been given the green light by lawyers to begin legal action against [https://momcheap.bookmark.com/top-4-bi-weekly-budget-app htt..."</p>
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