Analysts at TD Securities expect no change in policy from Bank Indonesia at its meeting on 17 January.
“At the policy meeting on 20 December 18, BI kept policy unchanged as expected. Since then there has been little to suggest any further hikes are on the cards after the surprise November 18 hike. Indeed Governor Warjiyo is reported to have said recently that the benchmark rate is near its peak. As such, we think BI may be moving to a period of status quo on policy.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.