Jakarta, CNBC Indonesia- FX Analyst CNBC Indonesia Research, Revo Gilang Firdaus projects that the US Central Bank at the FOMC meeting this November will not see an increase in interest rates in line with the Fed’s stance which is believed to be more dovish. However, at the December FOMC there is still the opportunity for an increase in the Fed Funds Rate (FFR) interest level.
For the Rupiah, this global uncertainty could again put pressure on the Rupiah exchange rate, which is currently corrected by 0.16% to the level of Rp. 15,940 per USD.
What is the analysis regarding interest rates like? What is the impact on the Rupiah? For complete details, see Anneke Wijaya’s dialogue with FX Analyst CNBC Indonesia Research, Revo Gilang Firdaus at Power Lunch,CNBCIndonesia (Friday, 27/10/2023)