Jakarta, June 18 -- Bank Indonesia (BI) Governor Perry Warjiyo has assured that Indonesia's economic growth remains stable, supported by resilient domestic demand, despite a cumulative 100-basis-point increase in the benchmark interest rate during the first half of this year.

Speaking at an online press conference following the central bank's Board of Governors Meeting on Thursday, Warjiyo maintained BI's projection for Indonesia's economic growth this year in the range of 4.9 percent to 5.7 percent.

His remarks came after the central bank raised its benchmark interest rate by 25 basis points to 5.75 percent, marking its third consecutive rate hike.

Bank Indonesia began the year with the benchmark rate at 4.75 percent before increasing...