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Indonesia central bank sees possibility of monetary easing in June

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Indonesia's central bank sees the possibility of monetary easing if financial and macroeconomic stability can be maintained, governor Agus Martowardojo said on Wednesday.

[JAKARTA] Indonesia's central bank sees the possibility of monetary easing if financial and macroeconomic stability can be maintained, governor Agus Martowardojo said on Wednesday.

"If next month this condition can be maintained, supported by data, there is a possibility for monetary (policy) easing," Mr Martowardojo told reporters.

The central bank is also planning to ease rules on the purchase of second homes. It currently bans buyers from placing a down payment on a second home purchase before construction.

REUTERS

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