December 24, 2024 05:04 GMT
INDONESIA: Country Wrap – Central Bank Raided.
INDONESIA
- The Corruption Eradication Commission (KPK) raided Bank Indonesia’s (BI) office on Monday over allegations of misappropriation of Corporate Social Responsibility (CSR) funds. (source: Jakarta Post)
- SURVEY: Indonesia Economy to Expand 4.99% in 4Q24; Prior +4.93% (source: BBG)
- Following on from yesterday’s very strong day, Indonesia’s Jakarta Composite is struggling to back up with a -0.05% decline today.
- IDR was relatively contained today up by -0.3% to 16,202.
- Bonds: bonds all 1-1.5bp higher in yield today. INDOG 10YR 7.057%
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