The central bank of Indonesia (Bank Indonesia) expects further monetary easing in the Eurozone to cause more capital inflows into emerging markets (including Indonesia). The European Central Bank (ECB) surprised financial markets last week by cutting interest rates to zero percent, expand its money printing program (quantitative easing) and reduce a key deposit rate further into negative territory (per 16 March 2016). These moves are done in an effort to revive the economy of the Eurozone and combat deflation.
Update COVID-19 in Indonesia: 927,380 confirmed infections, 26,590 deaths (19 January 2021)
19 January 2021 (closed)
USD/IDR (14,146) -6.00 -0.04%
EUR/IDR (17,335) +57.05 +0.33%
Jakarta Composite Index (6,321.86) -67.98 -1.06%