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IDR: USD/IDR : Rupiah Higher as Bonds Yields Decline.

IDR
  • USD/IDR is down at 15,090 in Jakarta morning; versus yesterday's close of 15,238.
  • USD/IDR has continued the recent trend finishing lower for the week following last week’s close of 15,400.
  • Bloomberg Asia dollar spot index is up 0.16% at the open and the Bloomberg Dollar spot index flat.
  • USD/IDR one-month implied volatility is up this morning to 7.3525%, versus 7.2350% yesterday’s close.
  • Indonesia's 10-year bond yield is rallying strongly 9bp lower in yield at 6.46%.
  • Indonesia 5 yr USD CDS up at 68bps (yesterday close 65bp, 5-year low 58bp in 2020).

Headlines

  • Analysts said Indonesia’s central bank may cut borrowing costs again as soon as its October policy meeting, especially if the currency strengthens further (source: BBG).
  • Indonesia achieves highest exports since December 2022, maintains trade surplus (source: Jakarta Post).
     

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  • USD/IDR is down at 15,090 in Jakarta morning; versus yesterday's close of 15,238.
  • USD/IDR has continued the recent trend finishing lower for the week following last week’s close of 15,400.
  • Bloomberg Asia dollar spot index is up 0.16% at the open and the Bloomberg Dollar spot index flat.
  • USD/IDR one-month implied volatility is up this morning to 7.3525%, versus 7.2350% yesterday’s close.
  • Indonesia's 10-year bond yield is rallying strongly 9bp lower in yield at 6.46%.
  • Indonesia 5 yr USD CDS up at 68bps (yesterday close 65bp, 5-year low 58bp in 2020).

Headlines

  • Analysts said Indonesia’s central bank may cut borrowing costs again as soon as its October policy meeting, especially if the currency strengthens further (source: BBG).
  • Indonesia achieves highest exports since December 2022, maintains trade surplus (source: Jakarta Post).
     

Data Releases

Keep reading...Show less