compared to 13,575-16,625 last year. In 2022, economists at DBS Bank expect USD/IDR to trade around the 14,500-15,000 region.“IDR to depreciate into 14,500-15,000 per USD ahead of two Fed hikes in 4Q22.”
“The central bank intends to keep rates low for most of next year to help the nascent recovery gain traction. In line with BI’s guidance, we have pencilled in a rate hike to 3.75% from 3.50% in 4Q22.” growth to pick up to 4.8% in 2022 from a projected 3.6% in 2021, and CPI inflation double to 3.0% from 1.5%.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.