# IDR: Bank Indonesia to leave the reverse repo rate unchanged at 4.25% - TDS — Octa

> Analysts at TDS expected Bank Indonesia to hold its 7-day reverse repo rate at 4.25% at its February meeting, in line with consensus. The rupiah had sold off about 2% against the dollar since the January meeting and traded above the 13,600 level, outside the 13,300-13,500 range the central bank is seen as tolerating. TDS forecast a 25bp hike in Q2.

- Date: 2018-02-15 · published 2018-02-15T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/66818-idr-bank-indonesia-to-leave-the-reverse-repo-rate-unchanged-at-4-25-tds-octa
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker rupiah raises imported feed costs, and a possible hawkish turn from Bank Indonesia could raise domestic borrowing costs for feed mills. The pending rate path matters for the currency outlook.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/540810/

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