Indonesia Foreign Exchange Reserves
Foreign Exchange Reserves in Indonesia are defined as the foreign assets held or managed by the country's central bank. Gold or a specific currency is used as a reserve asset. Treasury bills, government bonds, corporate bonds and equities, and foreign currency loans can also be special drawing rights and marketable securities denominated in foreign currencies.
A higher than expected figure should be seen as positive (bullish) for the IDR while a lower than expected figure should be seen as negative (bearish) for the IDR.
Ziņas (IDR)
Bank Indonesia Cuts Rate Unexpectedly
Indonesia's central bank reduced its key interest rate unexpectedly to the lowest level since 2022 to stimulate economic growth and also raised expectations for more reductions. The Bank Indonesia board, governed by Perry Warjiyo, decided to cut the BI rate by 25 basis points to 4.75 percent. Markets anticipated the central bank to hold the rate this time amid political unrest.
RTTNews | 22h 8min ago
Indonesia Manufacturing Sector Swings To Expansion - S&P Global
The manufacturing sector in Indonesia moved up into expansion territory in August, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.5.
RTTNews | 17 days ago
Indonesia Unexpectedly Cuts Interest Rate
Indonesia's central bank eased its monetary policy unexpectedly on Wednesday in order to bolster economic growth amid inflation remaining well within the target range. The Bank Indonesia board, led by Governor Perry Warjiyo, decided to cut the BI rate by 25 basis points to 5.0 percent.
RTTNews | 28 days ago
