Mitul Kotecha, senior emerging markets strategist at TD Securities, notes that Bank Indonesia has cut its policy rate by 25bp to 5.50% and remains accommodative. Key Quotes “We see scope for further easing, and expect another 50bp of cuts in Q4.” “BI is clearly pushing a growth agenda, allied with the government.” “Global factors will have an important bearing in magnitude of easing.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD to re-test recent highs around 0.6820 – Westpac FX Street 4 years Mitul Kotecha, senior emerging markets strategist at TD Securities, notes that Bank Indonesia has cut its policy rate by 25bp to 5.50% and remains accommodative. Key Quotes "We see scope for further easing, and expect another 50bp of cuts in Q4." "BI is clearly pushing a growth agenda, allied with the government." "Global factors will have an important bearing in magnitude of easing." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
