BI meets amid rupiah weakness, Malaysia’s resilience

15th May 2026

While it is likely to be a close call, we expect Bank Indonesia to keep policy rates unchanged at its upcoming meetings despite rupiah weakness, preferring instead to rely on FX intervention to support the currency. Meanwhile, Malaysia’s second estimate of Q1 GDP confirmed the economy grew at a steady pace last quarter, and the country is well placed to weather a period of elevated energy prices.

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BI meets amid rupiah weakness, Malaysia’s resilience

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