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Fed Hikes Rates, BI Holds at 5.75%: What's Next for the Rupiah?Macro · 14 October 2026 · 4 min readFed Hikes Rates, BI Holds at 5.75%: What's Next for the Rupiah?The Fed surprised markets with a September 2026 rate hike. BI had already tightened earlier, but the October 20-21 RDG will determine whether Indonesia holds rates to support growth or hikes again to defend the rupiah.Read the article