INDONESIA CENTRAL BANK: BI-Rate Stays On Hold At 5.75%
Bank Indonesia (BI) leaves its key policy rate unchanged at 5.75%, as expected by majority of analysts. * The central bank said that the rupiah should remain stable on the back of policy and fundamentals. It also reiterated its commitment to keep strengthening rupiah stabilisation measures. * Bank Indonesia kept its 2026 GDP growth target at +4.9%-5.7% Y/Y. It said that domestic inflation should be within the +1.5%-3.5% Y/Y range over 2026 and 2027.
75%, as expected by majority of analysts. * The central bank said that the rupiah should remain stable on the back of policy and fundamentals. It also reiterated its commitment to keep strengthening rupiah stabilisation measures. 7% Y/Y.
5% Y/Y range over 2026 and 2027.