The global credit rating agency, Fitch, expects Bank Indonesia to maintain its policy rate unchanged at 4.25% for the 7-day reverse repo until the remainder of the year. In the same report, Fitch also expects Indonesia’s GDP growth to improve to 5.3% and inflation to rise to 4.2% in 2018. Note that inflation was at 3.2% in 2017.
Fitch expects Bank Indonesia to hold rates until the end of the year
March 26, 2018 News