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IDR: USD/IDR – Rupiah Stronger at the Open as USD Weakens into Month End.      

IDR
  • USD/IDR is down at 15,855 in Jakarta morning; versus yesterday's close of 15,930.
  • Having approached the 16,000 level, the two day rally has seen the Rupiah turn away and move back towards the 20-day EMA of 15,802.
  • USD/IDR one-month implied volatility is down this morning to 6.5875%, versus 6.7150% yesterday’s close.
  • Indonesia's 10-year bond yield is at 6.951%, rising +2bps today.
  • Indonesia 5 yr USD CDS at 74bps (yesterday close 74bp, 5-year low 38bps in 2020).

Headlines

  • Indonesia Economic Adviser Says VAT Hike May Be Delayed:  (source: Kompas)
  • Palm Oil Extends Gain on Concerns Heavy Rain May Hurt Production (source:  BBG)

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  • USD/IDR is down at 15,855 in Jakarta morning; versus yesterday's close of 15,930.
  • Having approached the 16,000 level, the two day rally has seen the Rupiah turn away and move back towards the 20-day EMA of 15,802.
  • USD/IDR one-month implied volatility is down this morning to 6.5875%, versus 6.7150% yesterday’s close.
  • Indonesia's 10-year bond yield is at 6.951%, rising +2bps today.
  • Indonesia 5 yr USD CDS at 74bps (yesterday close 74bp, 5-year low 38bps in 2020).

Headlines

  • Indonesia Economic Adviser Says VAT Hike May Be Delayed:  (source: Kompas)
  • Palm Oil Extends Gain on Concerns Heavy Rain May Hurt Production (source:  BBG)

Government Bond Auction

Keep reading...Show less