Reported about 1 year ago
Indonesia's central bank is expected to maintain its benchmark interest rate at 6.25% in response to fiscal worries causing the Rupiah to weaken. With most economists predicting a steady rate, Bank Indonesia is likely to focus on reassuring the market of its support for the currency, which has recently hit four-year lows. The central bank's actions in the coming months will be crucial in stabilizing the Rupiah amidst concerns over potential policy changes and macroeconomic stability.
Source: YAHOO