Indonesia: BI Delivers Another 25bp Hike To Ease FX Pressure

Bank Indonesia raised its policy rate by 25bp to 5.75% and introduced new FX support measures. Analysts expect a pause in hiking as currency pressures ease.

Key Takeaways

• 1.Bank Indonesia hiked the policy rate by 25bp to 5.75% to support the Rupiah.
• 2.Additional measures to limit FX purchases and increase bank capital ratios were announced to support currency stability.

Table of Contents

• Indonesia: BI delivers another 25bp hike to ease FX pressure
• Key numbers:
• Main points:
• Disclosure Appendix

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial