Indonesia’s external-sector risks as FOMC hikes approach
Indonesia's current account deficit has reduced the degree of freedom for policy makers to support growth. Bank Indonesia (BI) has instead had to focus on deficitfinancing through keeping interest rates high, thus slowin…
Indonesia's current account deficit has reduced the degree of freedom for policy makers to support growth. Bank Indonesia (BI) has instead had to focus on deficitfinancing through keeping interest rates high, thus slowing import growth and the domestic economy.
The Indonesian rupiah (IDR) to be among the most vulnerable currencies to a sudden US shock, according to Standard Chartered. Indonesia has the highest external debt-to-FX reserves ratio and the highest foreign-currency denominated external debt-to-GDP ratio
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
