Bank Indonesia's Policy Priority Seems to be Supporting Rupiah's Stability
Dow Jones
Jul 23
0225 GMT - Bank Indonesia's policy priority seems to be supporting the Indonesian rupiah's stability. While the central bank kept rates unchanged on Wednesday, it broadened incentives to attract foreign inflows and support the rupiah's stability, Goldman Sachs analysts say in a report. The U.S. bank still expects Bank Indonesia to raise its policy rate by 25 bps each in 3Q and 4Q, bringing the rate to 6.25% by end-2026. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
July 22, 2026 22:25 ET (02:25 GMT)
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