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Indonesia Interest Rate Decision

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Indonesia Interest Rate Decision

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Oct 16, 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
Nov 20, 2024 02:30   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%
Jun 20, 2024 02:30 6.25% 6.25% 6.25%

News

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 1

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...

Asia FX rises, dollar stumbles as Fed meeting approaches
Asia FX rises, dollar stumbles as Fed meeting approaches By Investing.com - Jul 25, 2023

Investing.com -- Most Asian currencies firmed on Tuesday, aided by a mix of dollar weakness and promises of more Chinese stimulus aided sentiment, with focus now turning to an upcoming Federal Reserve...

Analysis

Jeffrey Halley
Bear Market Rally Back On? By Jeffrey Halley - Jul 18, 2022 1

It says something about the level of confusion in the markets right now (American markets anyway), that having wrung their hands all last about inflation, 100 basis point rate hikes by the Fed, and an...

Interest Rate Decision Discussion

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