USD/IDR Price News: Rupiah renews 30-month low around $15,500 on downbeat Indonesia trade data – by anilpanchal7 USDIDR TradeBalance RiskAppetite Fed Indonesia
Indonesia Exports eased to 20.28% in September versus 27.91% expected, 30.15% prior.USD/IDR stays on the front foot as bulls poke the $15,500 threshold, refreshing a 2.5-year high by the press time of the mid-Asian session on Monday. In doing so, the Indonesia rupiah pair pays little heed to the US dollar’s pullback amid downbeat trade numbers at home.
Other than the data, sour sentiment in the Asia-Pacific zone, mainly due to China’s determination to keep the zero-covid policy and strengthen military power, also fuel the USD/IDR prices.
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