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Indonesia Interest Rate Decision

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Indonesia Interest Rate Decision

Frequency

Delivery Method

Website popup

Mobile App notifications

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
Oct 16, 2024 18:30 6.00% 6.00% 6.00%
Sep 18, 2024 18:30 6.00% 6.25% 6.25%
Aug 21, 2024 18:30 6.25% 6.25% 6.25%
Jul 17, 2024 18:30 6.25%   6.25%
Jun 20, 2024 18:30 6.25% 6.25% 6.25%
May 22, 2024 18:30 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 21, 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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