# Bank Indonesia to hold rates on April 23 as FX concerns outweigh growth risks: Reuters poll

> A Reuters poll found Bank Indonesia is expected to hold rates on April 23 because currency concerns outweigh growth risks. The rupiah is down more than 4% this year, pressured by President Prabowo's fiscal plans and the 32% US tariff on Indonesian goods, now paused for 90 days.

- Date: 2025-04-21 · published 2025-04-21T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/25442-bank-indonesia-to-hold-rates-on-april-23-as-fx-concerns-outweigh-growth-risks
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Expectations of a rate hold keep the central bank focused on defending the rupiah, which determines the local cost of dollar-priced feed imports.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/asia/bank-indonesia-hold-rates-april-23-fx-concerns-outweigh-growth-risks-2025-04-21/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.