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15 Jun 2021

Indonesia: BI seen keeping rates unchanged at its meeting later in the week

Bank Indonesia (BI) is expected to maintain its refi rate unchanged at 3.50% at its event, suggested UOB Group’s Economist Lee Sue Ann.

Key Quotes

“We are of the view that BI will keep its accommodative monetary policy via other macroprudential, and liquidity-supporting measures to effectively transmit the lowering of the benchmark interest rate so far into the economy.”

“We keep our BI rate forecast steady at 3.50% for the rest of the year.”

Jun 15, 2021

USD/JPY Price Analysis: Bulls challenge symmetrical triangle resistance

The USD/JPY pair edged higher for the third consecutive session on Tuesday and climbed to one-and-half-week tops, around the 110.15 region during the
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Jun 15, 2021

ECB's Enria: ECB to make decision on bank dividend payments in late July

The European Central Bank is expected to make a decision on whether to lift a restriction on bank dividend payments and share buybacks on July 23, Eur
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