Indonesia Surprises Markets

Indonesia's central bank surprises with rate cut amid weakening currency
Bank Indonesia unexpectedly cut its benchmark interest rate by 25 basis points to 5.75%, marking its first rate cut since September 2024. The markets were widely anticipating that the rate would remain unchanged at 6% for a fourth consecutive meeting.
Indonesia central bank says rupiah's weakness under control
Indonesia's central bank said the rupiah's fall against U.S. dollar was still under control, after the currency slid to its weakest level in more than six months on Thursday following a surprise cut in interest rates the day before.
Indonesia’s Surprise Rate Cut Is Fueling Bond Uncertainty
Indonesia’s central bank defied the expectations of practically the entire market when it cut interest rates this week, deepening a period of uncertainty for government bond yields. Most Read from BloombergThese Homes Withstood the LA Fires.
Indonesia unexpectedly cuts rates and lowers growth forecast
It also comes just three months after President Prabowo Subianto took office with an ambitious goal of boosting growth to 8 per cent in the next five years. Indonesia has been growing at a steady rate of 5 per cent over the previous decade, except for during the Covid pandemic.
Bank Indonesia delivers surprise rate cut to support growth
Indonesia's central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to prop up growth in Southeast Asia's largest economy despite financial market volatility that has sharply weakened the rupiah currency.
Indonesian Central Bank Announces Surprise Rate Cut
Indonesia's central bank unexpectedly announced a cut in its key interest rate on Wednesday in a bid to boost economic growth and a weakening rupiah.
Indonesian rupiah, Korean won hit by surprise central bank rate calls
The Indonesian rupiah stayed near six-month lows on Thursday, while the South Korean won snapped a three-day winning streak after both countries' central banks shocked investors by eschewing widely anticipated interest rate calls.
Indonesia Surprises With Rate Cut, Intervenes in FX Market
Indonesia unexpectedly reduced its key interest rate in its first monetary policy decision this year, moving to bolster economic growth even after the local currency recently weakened beyond the key level of 16,
Indonesia Unexpectedly Cuts Key Interest Rate To Boost Economic Growth
Indonesia's central bank unexpectedly lowered interest rates for the first time in five policy sessions, in a bid to boost the
South Korea’s Central Bank Surprises Markets by Holding Rates Steady
South Korea’s central bank, the Bank of Korea (BOK), made the surprising decision to maintain its benchmark policy rate at 3%, following two back-to-back rate cuts in previous meetings. This move comes amid signs of a decelerating economy,
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
Indonesias central bank, Bank Indonesia (BI), unexpectedly reduced its benchmark 7-day reverse repurchase rate by 25 basis points to 5.75% on Wednesday, signaling a return to monetary easing. This marks the first cut
Indonesia Set to Extend Rate Pause to Shield Vulnerable Rupiah
Indonesia’s central bank will probably keep its key interest rate unchanged in its first monetary policy decision this year ...
Indonesia books $2.2 bln surplus in December as imports jump
Indonesia reported a $2.24 billion trade surplus in December, below expectation, amid a jump in imports and a ...
Prabowo’s Indonesia Pushes for Faster Growth at Risk to Rupiah
Indonesia is defying pressure on the beleaguered rupiah to shore up the country’s slowing economy three months into President ...