Indonesia’s central bank signaled limited room for further rate cuts, citing global risks, including political developments in the US, which have led to fund flows into the dollar and pressure on the rupiah. The bank held rates steady for the second month after a surprise cut in September. The rupiah weakened toward the key 16,000 per USD level, while inflation remains manageable within the target range (1.5%- 3.5%). However, Indonesia’s economy showed slow growth due to high borrowing costs.