Indonesian Rupiah: BI holds rates at 5.75% as MSCI risk weighs
FROM THE WIRE · FXSTREET.COM
Elias Haddad at Brown Brothers Harriman reports that Bank Indonesia left its policy rate unchanged at 5.75% for a fourth meeting, even as IDR weakened slightly following MSCI’s downgrade consultation. BI expects the current account deficit to widen by 2026, increasing external…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishPressure on the currency and foreign flows from the MSCI consultation and the current account deficit.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Bank Indonesia left its policy rate unchanged at 5.75% for a fourth meeting.
- 02The rupiah weakened slightly after the MSCI downgrade consultation.
- 03BI expects the current account deficit to widen in 2026.