IDR
Indonesian Rupiah (USD/IDR)
17,613.00
-0.10% (-18.00)
Market read
A new central bank leader signaling FX flow policy as a priority suggests more active management of capital flows and currency stability. This matters for the rupiah because it indicates the incoming governor may tighten or adjust rules governing how foreign money moves in and out of the country. Next up: MBA 30-Year Mortgage Rate.
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Indonesia's central bank governor candidate Destry said foreign exchange flow policy will be a key focus of her tenure.
A new central bank leader signaling FX flow policy as a priority suggests more active management of capital flows and currency stability. This matters for the rupiah because it indicates the incoming governor may tighten or adjust rules governing how foreign money moves in and out of the country.
LiveSquawk·08/28, 02:09 AM
Iran's Security Chief Rezaei stated that ships will transit through a designated central channel in the Strait of Hormuz if the US meets Iran's conditions, which include ending regional war and a corridor agreement with Oman.
FirstSquawk·08/21, 11:14 AM
Indonesia's rupiah strengthened to 16,790 per USD, its highest level since mid-June.
FirstSquawk·08/21, 10:37 AM
Indonesia's balance of payments posted a $0.9 billion deficit in Q2, according to Bank Indonesia.
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