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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
IDR
Spot USD/IDR has added 25 figs and last trades at IDR14,628, showing little in the way of immediate reaction to Indonesian trade data.
- Indonesia's exports surged 30.47% Y/Y, registering well above the BBG est. of a 12.23% growth. The rise in imports (+25.73% Y/Y) also beat the forecast of a 7.16% increase. Trade surplus shrank and was slightly narrower than projected.
- Bank Indonesia's Ramelan said that the central bank stands ready to smoothen volatility and stabilise the rupiah.
Fig. 1: Indonesia Exports Y/Y (%)
Source: MNI - Market News/Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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