BMI expects Bank Indonesia to raise rates by a further 50 bps to 6.25% by year-end as policy concerns and renewed US–Iran tensions weigh on the Indonesian rupiah. The agency says the currency is likely to remain weak despite recent intervention and policy tightening. Rising oil prices could boost Indonesia’s import bill and heighten fiscal risks, while persistent governance and policy uncertainty may continue to sap investor sentiment; BMI adds that BI’s growth-supportive stance should limit the

2026-07-23

BMI expects Bank Indonesia to raise rates by a further 50 bps to 6.25% by year-end as policy concerns and renewed US–Iran tensions weigh on the Indonesian rupiah. The agency says the currency is likely to remain weak despite recent intervention and policy tightening. Rising oil prices could boost Indonesia’s import bill and heighten fiscal risks, while persistent governance and policy uncertainty may continue to sap investor sentiment; BMI adds that BI’s growth-supportive stance should limit the scope for further hikes.

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Axios, citing sources, reports Israel’s new Mossad chief Roman Gofman visited Washington two weeks ago to meet US officials on the Israel‑Iran conflict and Iran’s nuclear program. It was his first US trip since taking office in June and occurred just before renewed tensions in the Strait of Hormuz and a flare‑up in fighting. Gofman’s visit aimed to coordinate nuclear‑deal negotiations with the White House; he met with CIA director Ratcliffe and White House officials. Sources say Ratcliffe, withi

2026-07-23

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