ANZ analysts note that the Bank Indonesia (BI) has kept its 7-day reverse repo rate unchanged at 6.00% today, in line with expectations. Key Quotes “With IDR holding up reasonably well, inflation benign and, importantly, the US Fed no longer pencilling in any rate hikes for 2019, further tightening by BI is no longer warranted. That said, there was little in the accompanying statement of BI’s press conference today that signalled that rate cuts are imminent.” “BI reiterated its focus on external resiliency and until there is a material narrowing in the current account deficit, we expect the central bank to adopt a wait-and see stance.” 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 Fed completes its dovish shift – ABN AMRO FX Street 4 years ANZ analysts note that the Bank Indonesia (BI) has kept its 7-day reverse repo rate unchanged at 6.00% today, in line with expectations. Key Quotes "With IDR holding up reasonably well, inflation benign and, importantly, the US Fed no longer pencilling in any rate hikes for 2019, further tightening by BI is no longer warranted. That said, there was little in the accompanying statement of BI's press conference today that signalled that rate cuts are imminent." "BI reiterated its focus on external resiliency and until there is a material narrowing in the current account deficit, we expect the central… 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.
