Analysts at Australia and New Zealand Banking Group (ANZ) offer their quick reaction to the Indonesian monetary policy decision announced earlier this Thursday. Key Quotes: “Bank Indonesia (BI) left its 7-day reverse repo rate at 5.00% today, after delivering a cut of 25bps each in its previous four meetings. However, it lowered banks’ reserve requirement ratio (RRR) by 50bps in a move aimed at boosting liquidity and supporting growth. While BI has signalled scope for further policy easing, today’s actions suggest the central bank is keen to use its policy space more cautiously now. We maintain our view that the current easing cycle is nearing its end and continue to see just one more 25bp rate cut.” 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 Crypto Today: Slow-motion Bitcoin battering continues amid interesting Tron chart, Pomp’s PayPal comment FX Street 3 years Analysts at Australia and New Zealand Banking Group (ANZ) offer their quick reaction to the Indonesian monetary policy decision announced earlier this Thursday. Key Quotes: "Bank Indonesia (BI) left its 7-day reverse repo rate at 5.00% today, after delivering a cut of 25bps each in its previous four meetings. However, it lowered banks' reserve requirement ratio (RRR) by 50bps in a move aimed at boosting liquidity and supporting growth. While BI has signalled scope for further policy easing, today's actions suggest the central bank is keen to use its policy space more cautiously now. We maintain our view that the… 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.
