FXStreet · 1 min read

Indonesian Rupiah: Two-way risks around support levels – OCBC

Indonesian Rupiah: Two-way risks around support levels – OCBC

OCBC’s Christopher Wong notes that USD/IDR has pulled back as a softer Dollar and lower UST yields support the Indonesian Rupiah. He highlights Bank Indonesia Governor Destry Damayanti’s emphasis on a stability-first approach, prioritizing Rupiah and macro stability while still supporting growth.

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