Turkey Lira

Indonesia rate decision a close call

The wave of volatility engulfing emerging markets increases the odds of another interest-rate hike in Indonesia in a policy decision on Wednesday that economists say is a close call.A rate pause this week was looking like a comfortable prediction after three rate hikes totalling one percentage point since mid-May helped to stabilize the rupiah and reverse some of the outflows earlier this year.

15 August 2018
0