USDIDR Price News: Rupiah grinds lower past $15,650 on indecisive Q3 Indonesia GDP

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USDIDR Price News: Rupiah grinds lower past $15,650 on indecisive Q3 Indonesia GDP
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USDIDR Price News: Rupiah grinds lower past $15,650 on indecisive Q3 Indonesia GDP – by anilpanchal7 USDIDR GDP Inflation RiskAppetite Coronavirus

Indonesia’s Q3 GDP rose past previous readings but missed market forecasts on YoY.US inflation data will be crucial for near-term trade directions.Gross Domestic Product

Indonesia's annual economic growth accelerated in the third quarter to 5.72%, the fastest in more than a year but below market expectation, official data showed on Monday, reported Reuters. The news also mentioned that the second-quarter growth rate was 5.44% on a yearly basis. Economists in a poll had expected gross domestic product in the July-September quarter to be 5.89% bigger than the same period last year.

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