Indonesia Interest Rate Decision
The Central Bank of the Republic of Indonesia is in charge of making interest rate decisions in Indonesia. Policymakers started in April 2016 that the official discount rate would be replaced with a new 7-day reverse repurchase rate commencing in August 2016. On an end-of-period basis, this is the rate at which central banks lend or discount qualifying paper for deposit money banks.
A higher than expected figure should be seen as positive (bullish) for the IDR while a lower than expected figure should be seen as negative (bearish) for the IDR.
News (IDR)
Indonesia GDP Growth Slows Marginally
Indonesia's economic growth softened in the third quarter on slowing household consumption, official data revealed on Tuesday. Gross domestic product posted an annual growth of 4.95 percent in the third quarter, slightly weaker than the 5.05 percent expansion seen in the preceding period, Statistics Indonesia said. GDP was forecast to grow 5.0 percent.
RTTNews | 16 days ago
Indonesia Manufacturing PMI Steady In October - S&P Global
The manufacturing sector in Indonesia continued to contract in October, and at a steady rate, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 49.2.
RTTNews | 20 days ago
Indonesia Manufacturing PMI Improves To 49.2 - S&P Global
The manufacturing sector in Indonesia continued to contract in September, albeit at a slower rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 49.2.
RTTNews | 51 days ago
