Indonesia's currency touched the 18,000-per-dollar level, a psychological mark that's drawing attention alongside the central bank's decision to hold its policy rate steady at 5.75
Indonesia's currency touched the 18,000-per-dollar level, a psychological mark that's drawing attention alongside the central bank's decision to hold its policy rate steady at 5.75% in support of real-sector growth. BI's commentary flags that domestic investment remains dominated by government activity, with private participation still the missing piece, and it expects the US Fed to resume rate hikes by end-2026, a backdrop that keeps the rupiah story in play. On the fiscal side, a sizable state injection into the national health insurer adds to government spending commitments, while regional development news around Sulawesi and Papua cocoa support rounds out a quieter headline day.
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