After breaking the all-time high level last week, JCI will try to maintain its momentum this week. Statistics Indonesia (BPS) will release the Trade Balance data of October 2021, as well as Current Account Balance position for the third quarter of 2021. Meanwhile, Bank Indonesia will hold its Board of Governors’ Meeting (RDG) which is expected to maintain the benchmark interest rate at 3.5%. The market will also observe the central bank’s response to Tapering-off, which is scheduled to start this month.
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