Reported about 7 hours ago
Indonesia's central bank unexpectedly cut interest rates by 25 basis points to 5.75%, contradicting market expectations. This decision adds uncertainty to government bond yields, already affected by rising yields post-U.S. elections. The move aims to support economic stability, yet raises questions about its effects on the currency and further bond market dynamics, particularly as investor confidence adapts to this surprising shift in policy.
Source: YAHOO