FW: RHB | Indonesia | BI Cuts Key Policy Rate Further In September

 

 

 

Economic Research			25 September 2017
Indonesia
Economic Update
BI Cuts Key Policy Rate Further In September   As expected, Bank Indonesia’s (BI) board of governors cut the 7-day (reverse) repo rate – the benchmark policy rate – for the second time this year, by 25bps to 4.25% on 22 Sep. As external risks linger and the BI has front-loaded its interest rate cut, which are already low enough, we believe the Central Bank would maintain its key policy rate unchanged for the rest of 2017, and in 2018.     Economist:  Rizki Fajar| +6221 2970 7065
To access our recent reports please click on the links below: 18 Sept: Exports And Imports Moderated In August After Festivities 05 Sept: July Loan Growth Picks Up, M2 Growth Moderates 05 Sept: August Inflation Remains Moderate After Holiday Season 23 Aug: BI Cuts Key Policy Rate, Maintains Neutral Stance 16 Aug: Exports And Imports Rebounded in July After Festivities 14 Aug: CAD Continues To Widen In 2Q17, BOP Surplus Declines
Economics Team
Peck Boon Soon	Chief ASEAN Economist	bspeck@rhbgroup.com		+603 9280 2163
Vincent Loo Yeong Hong	Malaysia, Vietnam	vincent.loo@rhgroup.com		+603 9280 2172
Ng Kee Chou	Singapore, Thailand	ng.kee.chou@rhbgroup.com		+603 9280 2179
Rizki Fajar	Indonesia, Philippines	rizki.fajar@rhbgroup.com		+6221 2970 7065
Aris Nazman Maslan	Malaysia, Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184

 

 

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