Indonesia's central bank, Bank Indonesia kept its interest rates on hold in its monetary policy meeting at the rate of 7.5% in order to anchor IDR stability.

Like in latest MPC statements, the central bank sees a window for easing, given that the macroeconomic stability have moderated.

"Against this backdrop, a 25bps rate cut early next year is likely as long as USD-IDR holds steady", says Commerzbank.Add to Anti-Banner