Indonesia's central bank delivered its first rate cut in more than three years on Wednesday, just hours ahead of the widely expected start of the U.S. Federal Reserve's easing cycle in efforts to bolster growth in Southeast Asia's largest economy.

Indonesia’s central bank is approaching the point where it can start easing borrowing costs as the rupiah keeps strengthening and inflation stays modest. Most economists aren’t convinced that it will happen this week though,

Indonesia’s central bank today (September 18) reduced its key interest rate by 25 basis points to 6%, hours ahead of an expected cut from the US Federal Reserve. Bank Indonesia (BI) also lowered its overnight deposit and lending rates by 25bp to 5.25% and 6.75% respectively.

Indonesia's central bank surprised markets by delivering its first rate cut in more than three years on Wednesday, moving to bolster growth in Southeast Asia's largest economy ahead of the start of an expected easing cycle in the United States.

Indonesia’s central bank today unexpectedly cut key interest rates for the first time in more than three years as the rupiah strengthens and ahead of

BENGALURU (Reuters) - Bank Indonesia (BI) will leave interest rates unchanged next week to support the rupiah but was expected to cut next quarter, after widely anticipated policy loosening by the U.S. Federal Reserve on Sept. 18, a Reuters poll found.

JAKARTA] Bank Indonesia (BI) unexpectedly cut its benchmark interest rate on Wednesday (Sep 18), marking its first reduction since February 2021. Read more at The Business Times.

The U.S. dollar edged slightly lower in choppy trading on Wednesday as markets grappled with the supersized 50 basis point interest rate cut as well as the switch to an easing monetary policy stance delivered by the Federal Reserve.

The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2% annual target.