Jun 9, 2026
Indonesian Rupiah: Off-cycle BI hike to stabilize rupiah – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes that USD/IDR retreated sharply after hitting a fresh record high, as Bank Indonesia delivered an unscheduled 25 bps hike to 5.50%, following a surprise 50 bps move in May.
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