Indonesian Rupiah: BI front-loads tightening to bolster currency – DBS
DBS Group Research economist Radhika Rao notes that Bank Indonesia (BI) surprised markets by raising its benchmark rate 50bp to 5.25%, prioritising macroeconomic stability and Rupiah support.
DBS Group Research economist Radhika Rao notes that Bank Indonesia (BI) surprised markets by raising its benchmark rate 50bp to 5.25%, prioritising macroeconomic stability and Rupiah support.
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