Usd/idr: BI Turns More Hawkish to Steady Rupiah – Commerzbank

Commerzbank analysts led by Charlie Lay note that Bank Indonesia (BI) kept the BI Rate at 4.75% for a seventh meeting but shifted to a more hawkish stance to support the Indonesian Rupiah (IDR).

Commerzbank analysts led by Charlie Lay note that Bank Indonesia (BI) kept the BI Rate at 4.75% for a seventh meeting but shifted to a more hawkish stance to support the Indonesian Rupiah (IDR).