Workflow
印尼央行暂停降息以评估政策传导效果
Xin Hua Cai Jing·2025-10-22 08:32

Core Viewpoint - The Bank of Indonesia unexpectedly decided to maintain its policy interest rate unchanged after three consecutive rate cuts, pausing the assessment of previous easing measures and ongoing fiscal stimulus impacts [1] Group 1: Monetary Policy - The central bank's decision came as a surprise, as most analysts had anticipated a fourth consecutive rate cut of 25 basis points [1] - Prior to this decision, Indonesia's foreign exchange reserves fell to a 14-month low in September, limiting the central bank's ability to support the Indonesian rupiah [1] Group 2: Currency Outlook - Despite the Indonesian rupiah maintaining a strong exchange rate against the US dollar this month, economists expect downward pressure on the currency due to capital outflows [1]