Rupiah Opens Despite Bank Indonesia Interest Rates Gradually
By : Wiyanto Dan Aldo Bella Putra | Friday, July 20 2018 - 15:00 IWST
![Bank Indonesia](https://eagle.industry.co.id/uploads/berita/detail/763.jpg)
Bank Indonesia
INDUSTRY.co.id - Jakarta - In the estimate the rupiah will move in the range 14.475-14.462. The existence of Bank Indonesia releases that maintain interest rates despite positive for macroeconomic conditions.
According to Reza Priyambada, Capital Market analysts, where macroprudential easing could improve intermediation and flexibility of liquidity management and banking intermediation for economic growth but, it seems not fully responded positively by the Rupiah, which is more affected by the impact of USD movement.
"With the condition of USD is still moving positive it will be unfortunate that the movement of Rupiah is still likely to weaken," he said.
According to him, the movement of the rupiah is still weakening as the impact of the USD hike that still responds to Powell's speech will be his optimism on stable US economic growth although on the other hand he did not convey in detail the monetary policy of the Fed in the future.
Domestically, he said, the detention of Bank Indonesia interest rate at 5.25 percent does not seem to help the Rupiah to move stronger.
Bank Indonesia (BI) Governor Perry Warjiyo delivered the results of the Board of Governors Meeting (RDG) on 18-19 July 2018 which decided to keep the BI 7-Day Reverse Repo Rate at 5.25% with the Deposit Facility interest rate fixed at 4.50 %, and the Lending Facility rate remains at 6.00%
Read Also
FAB to Provide Over AED500 Billion (USD135 Billion) in Green Finance…
CTBC Supports Taiwanese Employees to Go Overseas
Rakuten Card’s Systems Development Subsidiary in Vietnam Relocates…
Increase in New Loan Disbursement Drives Growth in KB Bukopin's Interest…
PermataBank Holds Annual General Meeting of Shareholders 2023 and…
Today's Industry
![Totolink outlet. (Photo: Public Relation of Totolink)](https://eagle.industry.co.id/uploads/berita/small/5782.jpg)
Kamis, 11 Juli 2024 - 22:08 WIB
Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia
Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.
![The President Commissioner of Bersama Digital Data Centres (BDDC), Setyanto Hantoro (fourth right) and The President Director of BDDC, Angelo Syailendra (third right) during the BDDC JST1 Inauguration Ceremony in Jakarta on Wednesday (10/07/2024).](https://eagle.industry.co.id/uploads/berita/small/5781.jpg)
Kamis, 11 Juli 2024 - 19:03 WIB
BDDC Inaugurates JST1 TIER IV Data Centre in Jakarta to Strengthen Digital Infrastructure
Bersama Digital Data Centres (BDDC), an in-town data centre provider with interconnectivity and integrated digital systems, inaugurated its 5 MW Tier IV data centre facility, JST1 (Jakarta Selatan…
![The Board of Directors of PTT Global Chemical (GC) pose for a group photo after receiving the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin. (Photo: GC Public Relations)](https://eagle.industry.co.id/uploads/berita/small/5780.jpg)
Kamis, 27 Juni 2024 - 15:30 WIB
Global Chemical Achieves Prestigious SNI Certification for InnoPlus Polyethylene Resin
PTT Global Chemical (GC) is proud to announce its successful attainment of the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin.
![Financial Literacy](https://eagle.industry.co.id/uploads/berita/small/5779.png)
Rabu, 26 Juni 2024 - 22:47 WIB
The Importance of Financial Literacy
Financial literacy refers to the ability to understand and use various financial skills effectively, including personal financial management, budgeting, and investing.
![Unveiling New Opportunities](https://eagle.industry.co.id/uploads/berita/small/5778.png)
Rabu, 26 Juni 2024 - 14:52 WIB
Unveiling New Opportunities
As we step into 2024, the cryptocurrency landscape continues to evolve, presenting unprecedented opportunities for investors, developers, and enthusiasts.
News Comment