Indonesia's central bank has raised interest rates for the second time in two weeks as it looks to stem a sharp decline in its currency, the rupiah.
Bank Indonesia raised its key rate to 7.25%, the highest level in more than four years.
The BBC reports the Indonesian currency has dipped nearly 18% against the US dollar since May this year as investors pull out of emerging markets.
The bank also cut its growth forecast for the current year. On Thursday, it said that it now expects the economy to grow between 5.5% - 5.9% compared with an earlier projection of a growth between 5.8% - 6.2%.
