Currency Bears Beware, Asia’s Central Banks Are Drawing a Line

Bank Indonesia is poised to cut borrowing costs for a fourth consecutive month, signaling continued monetary easing as it pledges to go "all out" to buoy economic growth. The ongoing easing cycle is dovish for Indonesian yields and the rupiah and should provide some support to domestic growth-sensitive assets.

Analysis

Bank Indonesia is poised to cut borrowing costs for a fourth consecutive month, signaling continued monetary easing as it pledges to go "all out" to buoy economic growth. The ongoing easing cycle is dovish for Indonesian yields and the rupiah and should provide some support to domestic growth-sensitive assets.