IDR
IDR, Market Analysis, Technical Analysis, USD
Indonesian Rupiah Forecast: IDR Holds Near 17,890 as US Inflation and Capital Flows Drive Outlook
The Indonesian rupiah trades near IDR 17,890 per US dollar, edging higher as Bank Indonesia continues to support the currency through intervention in domestic and offshore foreign exchange markets. However, the rupiah remains vulnerable to a broadly firm US dollar, tighter global financing conditions and shifts in foreign investor sentiment. Attention is turning to the […]
by Currency Hedger
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- 4 weeks ago
IDR, Market Analysis, Technical Analysis, USD
Indonesian Rupiah Forecast: Dollar Strength and Inflation Risks Keep IDR Under Pressure
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The Indonesian rupiah remains vulnerable to external dollar strength and domestic inflation pressures, with USD/IDR trading around IDR 17,900 per US dollar in the supplied market snapshot. Ahead of key US inflation data, the direction of the dollar and changes in global risk sentiment are […]
by Currency Hedger
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- 4 weeks ago
IDR, Market Analysis, Technical Analysis, USD
Indonesian Rupiah Holds Near IDR 17,900 as Reserves Support Currency
The Indonesian rupiah remains around IDR 17,900 per U.S. dollar as stable foreign-exchange reserves, resilient domestic activity and continued intervention from Bank Indonesia provide support for the currency. However, an elevated U.S. dollar and still-high U.S. Treasury yields are limiting the rupiah’s ability to strengthen significantly. September foreign-exchange reserves remain around USD 146.3 billion, keeping […]
by Currency Hedger
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- 1 month ago
IDR, Market Analysis, Technical Analysis, USD
Indonesian Rupiah Under Pressure as Dollar Strength Drives Third Weekly Decline
The Indonesian rupiah remained under pressure around IDR 17,900 per U.S. dollar on Friday, struggling to recover after touching the IDR 18,000 level earlier in the week. Persistent dollar strength continued to weigh on the currency, while expectations for further Federal Reserve tightening, elevated inflation and geopolitical uncertainty kept demand for the greenback firm. Bank […]
by Currency Hedger
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- 1 month ago
IDR, Market Analysis, USD
Rupiah Eases Amid Dollar Strength, Inflation Concerns
Indonesia’s rupiah edged lower, hovering near IDR 17,960 per U.S. dollar on Thursday, the first trading day of October, after briefly touching 17,930 in the prior session. Cautious sentiment lingered as the dollar index hit an 18-month high and U.S. Treasury yields rose to multi-year peaks, amid concerns that energy-driven inflation could keep policy tighter […]
by Currency Hedger
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- 1 month ago