Economist Lee Sue Ann at UOB Group suggested the Bank Indonesia (BI) could cut the key rate by 25 bps at the March meeting. Key Quotes “At the January meeting, BI decided to keep its 7-day Reverse Repo Rate unchanged at 5.00%. BI reiterated that the monetary policy will remain accommodative; consistent with low inflation expectations, maintained external stability, and efforts to support the domestic economic growth. We are sticking to our call for BI to shade its benchmark rate lower by 25bps to 4.75% at the March meeting.” 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 Forex Today: China coronavirus damage shrugged off by markets, RBA boosts AUD, pound licks wounds FX Street 2 years Economist Lee Sue Ann at UOB Group suggested the Bank Indonesia (BI) could cut the key rate by 25 bps at the March meeting. Key Quotes “At the January meeting, BI decided to keep its 7-day Reverse Repo Rate unchanged at 5.00%. BI reiterated that the monetary policy will remain accommodative; consistent with low inflation expectations, maintained external stability, and efforts to support the domestic economic growth. We are sticking to our call for BI to shade its benchmark rate lower by 25bps to 4.75% at the March meeting.” 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.
