# Indonesia central bank holds rates, to lift reserve requirement ratio more aggressively

> Bank Indonesia held its policy rate at 3.5% and announced faster reserve requirement ratio hikes, requiring banks to hold 7.5% of reserves from July and 9% from September. The move comes as the central bank signals confidence in fiscal measures to contain inflation.

- Date: 2022-05-24 · published 2022-05-24T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/41709-indonesia-central-bank-holds-rates-to-lift-reserve-requirement-ratio-more
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Tighter liquidity and a dovish rate pause may pressure the rupiah, raising import costs for feed ingredients priced in dollars.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/indonesia-cbank-holds-rates-lift-rrr-more-aggressively-2022-05-24/

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