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Indonesia's central bank, Bank Indonesia kept its interest rates on hold in its monetary policy meeting at the rate of 7.5% in order to anchor IDR stability.
Like in latest MPC statements, the central bank sees a window for easing, given that the macroeconomic stability have moderated.
"Against this backdrop, a 25bps rate cut early next year is likely as long as USD-IDR holds steady", says Commerzbank.Add to Anti-Banner
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Bank Indonesia likely to cut 25 bps early next year
Friday, December 18, 2015 9:41 AM UTC
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