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Indonesia Interest Rate Decision

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Indonesia Interest Rate Decision

Frequency

Delivery Method

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Status

 
Latest Release
Dec 18, 2024
Actual
6.00%
Forecast
6.00%
Previous
6.00%
The Monetary Policy Committee votes on where to set the overnight interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.
A higher than expected reading should be taken as positive/bullish for the IDR, while a lower than expected reading should be taken as negative/bearish for the IDR.
Importance:
Country:
Currency: IDR
Source: Bank Indonesia
Indonesia Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Dec 18, 2024 02:30 6.00% 6.00% 6.00%
Nov 20, 2024 02:30 6.00% 6.00% 6.00%
Oct 16, 2024 02:30 6.00% 6.00% 6.00%
Sep 18, 2024 02:30 6.00% 6.25% 6.25%
Aug 21, 2024 02:30 6.25% 6.25% 6.25%
Jul 17, 2024 02:30 6.25%   6.25%

News

Asia FX muted, dollar steady as Fed rate decision looms
Asia FX muted, dollar steady as Fed rate decision looms By Investing.com - Dec 17, 2024

Investing.com-- Most Asian currencies moved in a tight range on Wednesday, while the dollar remained near three week highs as traders hunkered down in anticipation of more cues on interest rates from...

Asia FX slides, dollar strong after Fed flags higher rates
Asia FX slides, dollar strong after Fed flags higher rates By Investing.com - Sep 20, 2023

Investing.com-- Most Asian currencies tumbled on Thursday, while the dollar rose to six-month highs after the Federal Reserve warned that U.S. interest rates will remain higher for longer.  Markets...

Analysis

Interest Rate Decision Discussion

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