Despite the US Federal Reserve having been dovish since late-2018 (and will likely cut its key rate in the foreseeable future), Bank Indonesia saw no opportunity to lower interest rates at its latest meeting because external conditions have remained uncertain, while Indonesia’s current account deficit widened in the first quarter of 2019.

This article discusses the following:

Why Bank Indonesia left its interest rates unchanged
 Bank Indonesia's decision to cut the reserve requirement for banks
Bank Indonesia's near-future outlook (of the Indonesian economy)

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

Poll Indonesia Investments:

What do you think will be the growth rate of the Indonesian economy in full-year 2019?

Voting possible:  -


  • 5.1% (or lower) (41.5%)
  • 5.3% (or higher) (30.8%)
  • 5.2% (20.2%)
  • No opinion (7.6%)

Total amount of votes: 1324