IHSG rises 1.92% after S&P keeps Indonesia at BBB
S&P kept a stable outlook, saw the budget deficit held below 3% of GDP, and forecast 5.1% growth in 2026.
Bloomberg, Antara News
S&P kept a stable outlook, saw the budget deficit held below 3% of GDP, and forecast 5.1% growth in 2026.
Investors are also watching MSCI and FTSE Russell reviews, with BI expected to raise rates 25 basis points to 5.75%.
The rupiah settled at Rp18.049 per U.S. dollar as markets tracked the APBN deficit and talk of an emergency BI meeting.