Asia week ahead: Indonesia rate call, data on China, Taiwan, Japan

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Indonesia's central bank (BI) is expected to hold its benchmark interest rate at 5.75% amid efforts to balance rupiah stability with growth support. Policymakers are increasingly using non-rate tools as exchange-rate stability remains the principal priority.

Indonesia: BI expected to hold rates at 5.75% We expect Bank Indonesia to hold the benchmark rate at 5.75% on Wednesday. BI’s unexpected July hold showed that policymakers are increasingly balancing rupiah stability against the need to support growth. While exchange-rate stability remains the main priority, BI appears more willing to use non-rate tools, including ...