MNI BOK WATCH: More Evidence Needed To Cut Rates, Says Rhee

MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

MNI: PBOC Sets Yuan Parity Lower At 7.1339 Thurs; -1.06% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1339 THURS VS 7.1342

MNI BRIEF: Bank of Korea Keeps Policy Rate At 3.50%

Activity data stronger-than-expected; little impact on near-term monpol

MNI: GERMANY JUNE FINAL HICP +2.5 % M/M, +0.2% Y/Y

MNI: GERMAN JUN CPI +2.2 % Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Rupiah Edges Higher

IDR

Spot USD/IDR has shed 6 figs thus far and last deals at IDR14,350, with bears looking for a fall through Mar 30 low of IDR14,325 towards Mar 17 low of IDR14,275. Conversely, a jump above Mar 24/Apr 8 highs of IDR14,380 would give bulls a green light for targeting Mar 7/Jan 31 highs of IDR14,415/14,420.

  • USD/IDR 1-month NDF last seen -3 figs at IDR14,365. Bears look for losses past Mar 30 low of IDR14,329, while bulls keep an eye on Apr 8 high of IDR14,408.
  • Indonesian FinMin Indrawati said she is confident that differences over Russia's invasion of Ukraine will not undermine cooperation among G20 nations, even as U.S. Tsy Sec Yellen and several other FinMins walked out of a G20 summit when Russian envoys took the floor. Note that Indonesia holds the rotating presidency of G20 this year.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

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.