JAPAN, INDONESIA KEEP INTEREST RATES ON HOLD

TOKYO – The central banks of both Japan and Indonesia have kept interest rates on hold. Bank of Japan has kept the size of its asset purchase programme at 101 trillion yen and the policy rate unchanged at 0-0.1%. It did, however, upgrade the outlook for the domestic economy, which it now says “has stopped weakening” as exports and industrial production appear to be stabilising.