Tellimer

ID : Economic - BI holds the policy rate steady

Monetary policy to focus on rupiah stability as BI left its policy rate unchanged at 3.50% and downgraded GDP growth projection by 0.2% pt. GDP recovery dependent on exports and fiscal spending as mobility restrictions to control Covid-19 transmission restrain private consumption. We maintain our end-2021 7DRRR forecast at 3.50%.


Most Viewed See latest
Disclosures

This publication is being distributed by Tellimer solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not con...

Full Tellimer disclaimers