Indonesia's Rupiah set to see stability in Q4
BI Governor Darmin Nasution said the Rupiah may be more stable in the fourth quarter on capital inflows.
OCBC Treasury Research noted:
BI Governor Darmin Nasution said that the Rupiah is likely to remain under pressure in Q3 but may be more stable in Q4 on capital inflows. IMF Managing Director Lagarde said that Indonesia stands out from the rest of the world because of its growth potential.
Trends in inflation, fiscal deficit and public debt are also still positive at this stage. Suggested that monetary policy prudence is key to the economy going forward.