Indonesia: BI keeps rates unchanged, as expected – UOB – by pabspiovano Indonesia CentralBanks Banks InterestRate
UOB Group’s Economist Enrico Tanuwidjaja and Junior Economist Agus Santoso comment on the latest interest rate decision by the Bank Indonesia .“Bank Indonesia kept its benchmark policy rate unchanged at 5.75% in Apr’s MPC meeting, in line with consensus expectation.”
for Indonesia’s economy and financial markets and rupiah stability has improved. We are keeping BI rate to stay at current level of 5.75%, with the possibility of a 25bps rate cut in early 2024.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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