IDR
IDR, Market Analysis, Technical Analysis
Indonesian Rupiah Nears Record Low at IDR 18,170 as US Dollar Strength and Capital Outflow Risks Intensify
The Indonesian rupiah remains under significant pressure, trading around IDR 18,170 per US dollar and approaching its reported July record low of IDR 18,280. A stronger US dollar, uncertainty surrounding Indonesia’s international equity-market status and concerns over government spending are weighing on investor sentiment. The currency faces a combination of external and domestic pressures. The […]
by Currency Hedger
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- 2 weeks ago
IDR, Market Analysis, Technical Analysis
Indonesian Rupiah Forecast: IDR Remains Under Pressure Above 18,100 as Dollar Strength Persists
The Indonesian rupiah remains under pressure above IDR 18,100 per US dollar, trading near its weakest level since late July. A firm US dollar ahead of the Federal Reserve’s policy decision, rising oil prices and concerns over Indonesia’s fiscal outlook are weighing on sentiment. Inflation has also accelerated, while Bank Indonesia continues to intervene to […]
by Currency Hedger
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- 2 weeks ago
IDR, Market Analysis
Indonesian Rupiah weakens amid fiscal, BI trade-off concerns
USD/IDR gains ground for the fourth successive day, trading around 18,150 during Asian hours on Monday. The pair appreciates as the Indonesian Rupiah (IDR) faces challenges due to fiscal concerns that persist amid higher oil prices, given Indonesia’s status as a net oil importer. Concerns also grew that Bank Indonesia (BI) may face a difficult […]
by Currency Hedger
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- 2 weeks ago
IDR, Market Analysis, Technical Analysis
Indonesian Rupiah Forecast: IDR Weakness Persists Above 18,000 Despite Softer US Dollar
The Indonesian rupiah remains under pressure near IDR 18,080 per US dollar, extending its weakness despite a softer greenback, falling US Treasury yields and a weaker dollar index. The currency has remained above the 18,000 threshold for a third consecutive session, highlighting the strength of domestic economic and fiscal concerns. The rupiah is on track […]
by Currency Hedger
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- 3 weeks ago
IDR, Market Analysis, Technical Analysis
Indonesian Rupiah Weakens Towards IDR 18,040 per Dollar as Oil Prices, Inflation and Foreign Capital Risks Weigh
The Indonesian rupiah is extending its decline towards IDR 18,040 per US dollar as broad-based dollar strength, rising energy costs and domestic fiscal concerns weigh on investor sentiment. With the Federal Reserve’s next policy meeting approaching, expectations for unchanged US interest rates are doing little to ease pressure on emerging-market currencies. Domestically, oil prices around […]
by Currency Hedger
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- 3 weeks ago
IDR, Market Analysis, Technical Analysis
Indonesian Rupiah Forecast: IDR Holds Near 17,970 as Bank Indonesia Rate Decision Takes Centre Stage
The Indonesian rupiah is extending its recovery for a third consecutive session, trading near IDR 17,970 per US dollar as a weaker greenback, softer US Treasury yields and lower crude oil prices improve conditions for emerging-market currencies. Attention is now turning to Bank Indonesia’s latest policy decision, with markets widely expecting the central bank to […]
by Currency Hedger
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- 3 weeks ago
IDR, Market Analysis, Technical Analysis
Indonesian Rupiah Forecast: IDR Near 18,000 as Bank Indonesia Rate Decision and Dollar Weakness Drive Markets
The Indonesian rupiah is extending its recovery, hovering near IDR 18,000 per US dollar as softer dollar conditions provide support ahead of the latest Bank Indonesia (BI) policy decision. Markets are widely expecting the central bank to leave interest rates unchanged for a fourth consecutive month, while policymakers continue efforts to stabilise the currency amid […]
by Currency Hedger
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- 3 weeks ago
IDR, Market Analysis, Technical Analysis
Indonesian Rupiah Forecast: IDR Struggles Near 18,040 as Dollar Strength and MSCI Downgrade Risk Weigh on Sentiment
The Indonesian rupiah is facing renewed pressure near IDR 18,040 per US dollar, struggling to move below the psychologically important 18,000 level as a firm dollar, geopolitical uncertainty and concerns over Indonesia’s potential market classification downgrade weigh on investor sentiment. The US dollar continues to draw support from euro weakness amid unrest in France and […]
by Currency Hedger
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- 3 weeks ago
IDR, Market Analysis, Technical Analysis
Indonesian Rupiah Weakens Beyond 18,050 as MSCI Downgrade Risk Threatens Capital Outflows
Currency Hedger Analysis The Indonesian rupiah weakened beyond IDR 18,050 per US dollar on Friday, reaching its weakest level since early August as concerns over a potential downgrade of Indonesia’s equity-market classification increased pressure on investor confidence. MSCI has raised concerns about dysfunction in Indonesia’s stock market and outlined the possibility of reclassifying the country […]
by Currency Hedger
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- 4 weeks ago
IDR, Market Analysis, Technical Analysis, USD
Indonesian Rupiah Forecast: Bank Indonesia Support Faces Inflation and Dollar Strength
The Indonesian rupiah is showing signs of stabilisation after briefly weakening towards IDR 17,970 per US dollar before recovering to around IDR 17,930. Bank Indonesia has reaffirmed its commitment to supporting the currency through foreign exchange interventions, while Indonesia’s growth outlook has received a modest upgrade from the IMF. However, persistent inflation, a firm US […]
by Currency Hedger
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- 4 weeks ago