We assess our outlook for the Indonesian rupiah following the 2 April US Liberation Day and last week’s Bank Indonesia policy meeting.
Indonesian policy and FX outlook
Lloyd Chan, Senior Currency Analyst at MUFG Global Markets Research Asia, speaks this week about the outlook for the Indonesian rupiah following the 2 April US Liberation Day and last week’s Bank Indonesia policy meeting. Lloyd also highlights that Indonesia's economy had slowed even before US Liberation Day and the BI could cut the policy rate one more time in Q3, possibly in September.
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