Indonesia Unexpectedly Cuts Rate

Indonesia unexpectedly cuts rates and lowers growth forecast
It also comes just three months after President Prabowo Subianto took office with an ambitious goal of boosting growth to 8 per cent in the next five years. Indonesia has been growing at a steady rate of 5 per cent over the previous decade, except for during the Covid pandemic.
Bank Indonesia delivers surprise rate cut to support growth
Indonesia's central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to prop up growth in Southeast Asia's largest economy despite financial market volatility that has sharply weakened the rupiah currency.
Indonesia Unexpectedly Cuts Rate as Growth Outlook Dims
Indonesia unexpectedly reduced its key interest rate in its first monetary policy decision this year, moving to bolster economic growth even after the local currency recently weakened beyond the key level of 16,
Indonesia’s Central Bank Surprises Markets With Rate Cut
Indonesia’s central bank caught markets off guard with a surprise rate cut, upending expectations that it would keep policy settings on hold to help stabilize the rupiah.
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
Indonesias central bank, Bank Indonesia (BI), unexpectedly reduced its benchmark 7-day reverse repurchase rate by 25 basis points to 5.75% on Wednesday, signaling a return to monetary easing. This marks the first cut
Indonesia: Bank of Indonesia set to annouce benchmark interest rate
Members of the Bank of Indonesia Board of Governors began their meeting on Tuesday to discuss the benchmark interest rate (BI Rate) for January 2025. The interest rate is expected to remain at 6 percent,

Mount Ibu, Indonesia and Erupts

Indonesia mulls minimum age for social media users

Indonesia books $2.2 billion surplus in December as imports jump
Indonesia reported a $2.24 billion trade surplus in December, below expectation, amid a jump in imports and a ...
eVnExpress on MSN4m
Indonesia to impose sugary drink tax in July 2025
Indonesia plans to impose an excise tax on sugary packaged beverages starting July 2025, aiming to curb excessive sugar consumption and address rising health concerns, the country's Finance Ministry ...
Is Indonesia’s Prabowo facing pressure from India to skip Pakistan after New Delhi visit?
Prime Minister Narendra Modi has invited President Prabowo Subianto to be the chief guest on India’s Republic Day, Indian ...
Indonesia's exports rise 4.8% y/y in Dec, less than expected
Indonesia's exports rose 4.78% in December from a year earlier to $23.46 billion, official data showed on Wednesday, compared ...
Indonesia eyes the world stage
Indonesia has officially joined the Brics group, adding Southeast Asia's largest economy and most populous country to the ...
Radisson Hotel Eyes 40–50 Hotels In Indonesia, Malaysia
Radisson Hotel Group COO for South East Asia Pacific and the Middle East and Africa Tim Cordon says it plans to open 40–50 ...
Jakarta Globe1h
Indonesia Asks Saudi for Bigger Hajj Officer Quota
Saudi Arabia is letting world's largest Muslim majority country Indonesia to send 2,210 Hajj officers this year.
eVnExpress on MSN2h
Indonesia tightens HMPV surveillance at Jakarta airports
Indonesia have been taking measures to tighten the human metapneumovirus (HMPV) surveillance, firstly at airports in Jakarta.