November 28, 2024 02:36 GMT
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)
Government Bond Auction
• Bank Indonesia to Sell 31D SUVBI Bills
• Bank Indonesia to Sell 91D SUVBI Bills
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