Rupiah Headwinds Blow as Policy Makers Prepare for Rate Decision

The coming week may prove to be a crucial one for the Indonesian rupiah.

As Wednesday’s policy decision approaches, Bank Indonesia finds itself under pressure to raise the benchmark rate again even after increasing it by a combined 100 basis points since mid-May to stem a slide in the currency.

Funds Return

  • Monday, Aug. 13: New Zealand food prices; India CPI; Singapore GDP
  • Tuesday, Aug. 14: China retail sales, industrial production; Australia NAB business conditions; Japan industrial production; India wholesale prices
  • Wednesday, Aug. 15: Australia consumer confidence; Indonesia rate decision, exports; Philippines remittances
  • Thursday, Aug. 16: Australia unemployment rate; Malaysia GDP
  • Friday, Aug. 17: South Korea unemployment rate; Thailand foreign-exchange reserves

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