Despite the US Federal Reserve having been dovish since the end of 2018 (and despite rising expectations that the Fed will cut its key rate in the foreseeable future, possibly even more than once), Bank Indonesia saw no opportunity yet to cut interest rates in June because external conditions have remained very uncertain, while Indonesia’s current account deficit widened in the first quarter of 2019.

Read the full article in the June 2019 edition of our monthly research report. You can purchase the report by sending an email to info@indonesia-investments.com or a WhatsApp message to the following number: +62(0)8788.410.6944



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