Indonesia May Hike Rate Again to Shield Currency, Analysts Say
Indonesia may raise interest rate again to shield the rupiah and curb market volatility, according to analysts, after the central bank’s surprise tightening on Tuesday helped the currency rebound from...
By Bernadette Toh · Bloomberg Markets
Indonesia may raise interest rate again to shield the rupiah and curb market volatility, according to analysts, after the central bank’s surprise tightening on Tuesday helped the currency rebound from record lows and boosted stocks.