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IDR: USD/IDR Rupiah Lower after Yesterday’s Selloff. 

IDR
  • USD/IDR is down at 15,915 in Jakarta morning; versus yesterday's close of 15,925.
  • Having broken through all technical stops, the Rupiah’s sell off paused today as it approached 16,000.
  • Bloomberg Asia dollar spot index is lower by 0.08% at the open and the Bloomberg Dollar spot index is 0.02% higher.
  • USD/IDR one-month implied volatility is steady at 6.835%.
  • Indonesia's 10-year bond yield is at 6.922%
  • Indonesia 5 yr USD CDS at 72bps (yesterday close 72bp, 5-year low 38bps in 2020).

Headlines

  •  Bank Indonesia is likely to pursue slower and fewer cuts to its benchmark interest rate as global uncertainties put rupiah stability at risk, according to economists. (source:      BBG)
  • Indonesia Secures $8.5B Investment from UK Firms, Prabowo Says (source: BBG)
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  • USD/IDR is down at 15,915 in Jakarta morning; versus yesterday's close of 15,925.
  • Having broken through all technical stops, the Rupiah’s sell off paused today as it approached 16,000.
  • Bloomberg Asia dollar spot index is lower by 0.08% at the open and the Bloomberg Dollar spot index is 0.02% higher.
  • USD/IDR one-month implied volatility is steady at 6.835%.
  • Indonesia's 10-year bond yield is at 6.922%
  • Indonesia 5 yr USD CDS at 72bps (yesterday close 72bp, 5-year low 38bps in 2020).

Headlines

  •  Bank Indonesia is likely to pursue slower and fewer cuts to its benchmark interest rate as global uncertainties put rupiah stability at risk, according to economists. (source:      BBG)
  • Indonesia Secures $8.5B Investment from UK Firms, Prabowo Says (source: BBG)