The Indonesia stock market has climbed higher in five straight sessions, advancing more than 220 points or 3 percent along the way.

The Indonesia stock market on Friday wrote a finish to the two-day slide in which it had slumped almost 20 points or 0.3 percent. The

JAKARTA : Indonesia defied market expectations by cutting its key interest rate, moving to bolster economic growth even after the local currency’s recent slide beyond the key level of 16,000 to the dollar. Bank Indonesia (BI) lowered the benchmark BI-Rate by 25 basis points to 5.75% today.

The Bank of Japan is expected to raise interest rates on Friday to their highest levels since the 2008 global financial crisis, as a broad stocks rally worldwide calms policymakers' fears U.S. President Donald Trump's tariff threats could upend markets.

Bank Indonesia lowered its benchmark seven-day reverse repo rate to 5.75% on Wednesday, snapping a three-meeting run of standing pat. It lowered its overnight deposit facility rate to 5.25% and lending facility rate to 6.50%.

Indonesia's central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing aimed at propping up growth in Southeast Asia's largest economy despite financial market volatility that has weakened the currency.

Indonesia’s central bank caught markets off guard with a surprise rate cut, upending expectations that it would keep policy settings on hold to help stabilize the rupiah.

The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.”

The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.

Singapore’s central bank eased its monetary policy for the first time in nearly five years, saying economic growth is likely to slow this year and inflation will stay contained.

Setting rates in Japan will become a delicate balancing act if tariffs materialize.