November 22, 2024 02:42 GMT
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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