- Indonesia: BI could start normalizing its monetary policy soon – UOB
Market news
24 January 2022
Indonesia: BI could start normalizing its monetary policy soon – UOB
Enrico Tanuwidjaja, Economist at UOB Group, reviews the latest bank Indonesia (BI) event.
Key Takeaways
“BI kept rates unchanged at its first meeting of the year at 3.5%.”
“However, RRR hike is expected to start in March, signalling normalization has begun.”
“We keep our view for BI to start hiking in H2 2022 to reach 4.5% by the end of this year.”
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