20 May 2020
The room for Bank Indonesia`s Monetary Easing is still open. Howver, the central bank chose not to take advantage of this opportunity this month. Tuesday (5/19) Yesday, Bi Announced it would keep the reference price, aka bi 7-day reverse repo rate, at 4.5%. Thus, the Lending Facility Interest Rate is 5.25%. "This decision Cononsiders The Need to Maintain Exchange Rate Stability Amid The Uncertainty of Global Financial Markets. Altogh Bi Sees Room for a decline related to the need to encourage economic growth this year, "Bi Governor Perry Warjiyo Said on Tuesday (5/19). (Cash) US Stocks Fell for the First Time in Four Sessions After Reports Circulated that Moderna Inc.’s Vaccine Study, which was credited in Monday`s Rally, Didn`T Produce Enough Critical Data to Assess Its Success. Crude Oil and Treasuries Ganed. The S&P 500 and Nasdaq Composite Turned Negative in the Last Hour of Trading, While the Dow Jones Industrial Average Extended Its Losses. Crude Oil Rose for the Fourth Day. (Bloomberg) Source: Danareksa Securities Debt Research