FXStreet · 1 min read

Indonesian Rupiah strengthens as US Dollar declines on potential Yen intervention

Indonesian Rupiah strengthens as US Dollar declines on potential Yen intervention

USD/IDR loses ground for the second successive day, trading around 17,730 during the Asian hours on Thursday. The currency pair experiences downward pressure as a sharp rally in the Japanese Yen (JPY) weighed heavily on the US Dollar (USD).

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