OctaFX | OctaFX Forex Broker
Open trading account

Indonesia: Bank Indonesia to maintain status quo - TDS

Analysts at TD Securities expect no change in policy by Bank Indonesia, neither does unanimous consensus.

Key Quotes

“Inflation is clearly non-threatening from BI’s perspective. While CPI ticked higher to a 3.32% y/y pace in November it is still below the mid-point of BI’s (3.5% +/-1%) target range. Inflation is likely to trend higher in the coming months, albeit gradually, but unless the IDR weakens anew, we think BI may be increasingly in a position to keep its powder dry.”

“We think the bulk of pressure on IDR has passed and expect a much more gradual (and comfortable) pace of depreciation in 2019.”

FX option expiries for Dec 20 NY cut

FX option expiries for Dec 20 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1275 757m 1.1300 1.1bn  1.135
Read more Previous

Japan fund managers keep equity exposure steady in December, trim bonds - Reuters poll

The latest Reuters poll showed on Thursday, the Japanese fund managers kept their overall exposure to stocks steady while reducing their bond holdings
Read more Next
Start livechat