Country: ID | Published: 2026-09-23
Jakarta's market got the clarity it was waiting for, with the central bank holding rates steady as expected and pairing the decision with fresh hedging incentives and a firm vow to
Jakarta's market got the clarity it was waiting for, with the central bank holding rates steady as expected and pairing the decision with fresh hedging incentives and a firm vow to defend the rupiah. Policymakers pointed to solid domestic momentum, citing government stimulus and healthy loan growth as evidence the economy still has room to run. Attention now shifts to whether that steady-hand stance is enough to keep currency pressures at bay, with a worsening El Nino threat to Asian food prices adding a new external wrinkle.