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BI holds rate, tweaks policy to support IDR vs USD

MUFG notes Bank Indonesia kept the BI rate at 5.75% and adjusted its policy mix by cutting reserve requirements and enhancing DNDF hedging incentives to slow Indonesian Rupiah losses against the US Dollar without broadly tightening conditions.

Original · FXStreet AI summary of public reporting
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At publication → Current
JPY156.86 → 157.22+0.2%
EUR1.125 → 1.124−0.1%
BI holds rate, tweaks policy to support IDR vs USD | SignalHub