Country: ID | Published: 2026-09-24
Jakarta's central bank kept rates unchanged as expected, leaning instead on currency hedging incentives and pledges to defend the rupiah, which remains under pressure. The exchange
Jakarta's central bank kept rates unchanged as expected, leaning instead on currency hedging incentives and pledges to defend the rupiah, which remains under pressure. The exchange rate stays the dominant theme, with policymakers signaling they'll use tools beyond rates to steady the currency. Domestically, headlines point to local friction, from protests over data center water use in Batam to coal miners seeking exemptions from domestic supply penalties, adding policy friction to the mix.