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Indonesia Raises Interest Rates in Surprise Move to Support Rupiah
Indonesia's central bank unexpectedly raised its interest rates in an off-cycle move to support the sinking rupiah and temper market volatility. Analysts suggest further rate hikes may occur to shield the currency.
9 Jun, 06:18 — 9 Jun, 08:44
The Story
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Source Diversity
Source Diversity
Moderate (46/100)3 sources25/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left
Center2
Center (2)
bloombergFT
Right1
Right (1)
channel-news-asia
Far R
Geographic diversity— 3 regions13/34
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Sources
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bloombergHigh61d ago
Indonesia May Hike Rate Again to Shield Currency, Analysts Say - Bloomberg.com
Indonesia May Hike Rate Again to Shield Currency, Analysts Say Bloomberg.com
Read full article →FTVery High61d 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
Read full article →Coverage Timeline
First report: channel-news-asia · 9 Jun, 06:05|Full coverage: 3 · 3h|Window: 3h
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