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News illustration of Bank Indonesia raising the BI Rate to 5.75 percent during a board meeting.
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Bank Indonesia raises BI Rate by 25 basis points to 5.75 percent

በAI የተዘገበ በ AI የተሰራ ምስል

Bank Indonesia decided to raise its benchmark BI Rate by 25 basis points to 5.75 percent during the June 2026 Board of Governors meeting.

The June Monetary Policy Report cut the GDP expansion range for 2026 but improved estimates for the following two years. Officials noted that the adjustments come before the megareform and the US-Iran agreement.

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The Central Bank council agreed unanimously to hold the monetary policy rate at 4.5% in its June meeting.

Argentina's Central Bank purchased US$112 million in the foreign exchange market on Tuesday, lifting gross international reserves to US$47.908 billion.

በAI የተዘገበ

Argentina's Central Bank acquired 328 million dollars on Wednesday, the largest purchase of the month so far. Gross international reserves reached 46.583 billion dollars.

Brazil's central bank has banned electronic foreign exchange providers from using stablecoins and cryptocurrencies like Bitcoin for settling overseas remittances. The new rule, BCB Resolution No. 561, takes effect on October 1. Individual investors can still buy, hold, and trade crypto through authorized providers.

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Brazil's Central Bank's Monetary Policy Committee (Copom) cut the Selic rate by 0.25 percentage points to 14.5% per year in a unanimous decision on Wednesday, April 29, 2026. The committee adopted a cautious tone due to inflationary risks and external uncertainties, particularly Middle East conflicts. Analysts had expected the move and condition further cuts on new data.

 

 

 

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