MACROECONOMIC ANALYSIS SERIES: BI Board of Governor Meeting, January 2019
Better than expected budget deficit in 2018, amidst the widening current account deficit, has positively affected the market sentiment and helped Rupiah to appreciate
Better than expected budget deficit in 2018, amidst the widening current account deficit, has positively affected the market sentiment and helped Rupiah to appreciate
Bank Indonesia’s unexpected rate hike last month over widening deficits in current account as well as capital flows volatility has contributed to ppreciation of Rupiah
Inflation rate seems to follow its seasonal pattern in general; after two months of consecutive deflation, month-to-month inflation rate has started to climb in
Rupiah took a paradoxical turn within the last month, where continued rapid depreciation was also followed by second monthly deflation in a row, defying
Late August to early September saw rapid USD/IDR depreciation to almost 15,000 level, although the pressure on Rupiah has somewhat receded for now. This
Rupiah’s depreciation to Rp14,600 is driven by confluence of external factors, particularly contagion effect from Turkish Lira’s rapid depreciation throughout emerging markets. Additionally, market
Bank Indonesia’s decision to raise 7-days Reverse Repo Rate by 100 bps in the last three months have shown meaningful results with relatively table
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