Friday, January 19, 2018

FW: RHB | Indonesia | BI Still Holds Policy Rate In January

 

 

 

 

Economic Research

19 January 2018

Indonesia

 

Economic Update

 

 

 

BI Still Holds Policy Rate In January

 

As expected, Bank Indonesia’s (BI) board of governors continued to keep the 7-day repo rate – the benchmark policy rate – unchanged on 18 Jan. This was for the fourth straight month after the central bank cut rates in Aug and Sep 2017. As major central banks are on tightening mode – and BI has front-loaded its interest rate cuts – we believe the central bank will likely keep its key policy rate unchanged in 2018.

 

Economist:

Rizki Fajar| +6221 2970 7065

 

 

To access our recent reports please click on the links below:

16 Jan: Exports, Imports Continued To Moderate In December

03  Jan:M2 And Loans Growth Edge Down

03 Jan: December Inflation Picks Up

18 Dec: November Exports And Imports Remain Robust

15 Dec: BI Still Pauses In December Despite US Rate Hike

05 Dec: November Inflation Continues To Ease; Lowering Forecasts

 

Economics Team

Arup Raha

Group Chief Economist

arup.raha@rhbgroup.com

+65 6232 3896

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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