Home USD/IDR: Rupiah little change on Bank Indonesia’s status-quo

USD/IDR: Rupiah little change on Bank Indonesia’s status-quo

Updated: 22 Aug. 2019 | 09:12

At its August monetary policy meeting on Thursday, Indonesia’s central bank, Bank Indonesia (BI), left its 7-day reverse repo rate unchanged at 5.75%, as widely expected.

The latest Reuters poll showed that 17 of 19 economists said they expect Bank Indonesia (BI) to stand pat and keep its 7-day reverse repurchase rate at 5.75%.

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