Indonesia Unexpectedly Raises Interest Rate to Support Rupiah

Indonesia's central bank unexpectedly raised its interest rate in a surprise move to support the sinking rupiah. This decision aims to stabilize the national currency.

9 Jun, 06:18 — 9 Jun, 06:18

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FTVery High3h ago

Indonesia unexpectedly raises interest rate to support rupiah

Central bank’s move at off-cycle meeting follows 0.5 percentage point rise last month

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Coverage Timeline

First report: channel-news-asia · 9 Jun, 06:05|Full coverage: 2 · 13m|Window: 13m

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channel-news-asia9 Jun, 06:05First to report

Indonesia raises rates in surprise move to support sinking rupiah

FT9 Jun, 06:18Latest update

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Indonesia Unexpectedly Raises Interest Rate to Support Rupiah

Sources

Indonesia unexpectedly raises interest rate to support rupiah

Coverage Timeline

Indonesia raises rates in surprise move to support sinking rupiah

Indonesia unexpectedly raises interest rate to support rupiah

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