Indonesia's central bank chose to maintain its key interest rate at 5.75% for a second consecutive month to stabilize the rupiah amid concerns about the country's economic outlook, which led to a market sell-off. Governor Perry Warjiyo noted that although there is room for rate cuts, global conditions are not favorable at the moment. The central bank will closely watch currency movements, inflation, and economic growth before making further decisions. Despite desires to ease rates, cutting now might worsen capital outflows and currency pressures, especially with uncertainties surrounding the US Federal Reserve's policies and potential tariffs. The decision to hold rates was made following a recent stock market slump due to various domestic factors but was seen as a positive move for maintaining stability.