We believe the rate has peaked already. Bank Indonesia will want to make sure that inflation is on a definite down-trend before they cut.
More Quotes from Fauzi Ichsan:
If the investment climate has not improved sufficiently to maintain capital inflows by the time BI cuts its rates in the second half of 2006, then capital outflow will be the likely result.Fauzi Ichsan
I think, with inflation still rising, the central bank will have to increase the rate again.
Fauzi Ichsan
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