Jakarta, CNBC Indonesia- Financial institution Mega’s VP Treasury International Market, Dharma Setiawan, assesses that there’s a danger of the Rupiah weakening once more as US inflation stays excessive, which implies the prospect of the Fed Funds Charge (FFR) rising once more remains to be open.
This Rupiah danger causes banking clients’ international change flows to turn out to be tighter, though alternatively, this situation will present advantages for exporter clients. Aside from that, the weakening of the Rupiah may even have an effect on buying and selling in securities and authorities bonds.
Aside from that, the impression of the Center East conflict might additionally impression commodity worth volatility which might impact the change charge.
How does the market see BI’s ammunition to guard the Rupiah and encourage international change flows into the nation? For full particulars, see Anneke Wijaya’s dialogue with Vice President of Treasury International Market Financial institution Mega, Dharma Setiawan and FX Analyst CNBC Indonesia Analysis, Revo Gilang Firdaus at Energy Lunch,CNBCIndonesia (Friday, 03/11/2023)
