S&P Keeps Indonesia at BBB, Stable Outlook
The rating leaves Indonesia's investment-grade status intact, helping contain borrowing costs, though no upgrade was made.
Channel News Asia, Antara News
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Indonesia · Sovereign Credit Rating
Rupiah closes stronger at Rp18,091 per US dollar after S&P holds BBB
Markets are still waiting for US June inflation data and a Fed speech, while surging oil prices limit the rupiah's gains.
S&P keeps Indonesia at BBB, stable outlook amid fiscal strain
S&P sees Indonesia's fiscal pressure as temporary and still expects the budget deficit to stay below 3% of GDP.
Antara News, Republika +3