markets · · cnbc.com
Bank Indonesia faces mounting pressure to hike after MSCI threat fuels market rout
Bank Indonesia is under pressure to raise its benchmark rate on Wednesday to stabilize the rupiah. Economists are split on the size of a hike, with Citi expecting a 50-basis-point hike to 6.25% and Capital Economics and others seeing a smaller increase to 6%.
Bank Indonesia is under pressure to raise its benchmark rate on Wednesday to stabilize the rupiah. Economists are split on the size of a hike, with Citi expecting a 50-basis-point hike to 6.25% and Capital Economics and others seeing a smaller increase to 6%.
- #MSCI