#USDIDR @ 15,707.0 Price News: Indonesian rupiah flirts with 15,700 post-BI comments
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
Perry Warjiyo, Bank Indonesia (BI) Governor offered a grim outlook on the economy during his appearance before the Parliament on Monday.
“Indonesia’s annual economic growth may slow to 4.37% next year partly due to the impact of domestic monetary tightening.”
“Predicting economic indicators was difficult due to volatility in the global economy.”
“Numbers could be discussed further with lawmakers.”
“Headline inflation forecast was of 6.11% for end-2022 and 3.61% for end-2023 at the hearing.”
His presentation showed the figure for 2022’s inflation was BI’s forecast as of Nov. 3.
Amid the downbeat economic forecasts from the central bank Governor, USDIDR is keeping its range near three-week highs of 15,713. The pair is adding 0.14% on the day, last seen trading at 15,707.50.
[/s2If]
Join Our Telegram Group
