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IDR

Spot USD/IDR changes hands -5 figs at IDR14,361, holding the previous day's range, with latest headline flow offering little to rock the boat. Bulls would be pleased by gains towards Feb 7 high of IDR14,408, while bears look to a retreat past Feb 16 low of IDR14,253.

  • USD/IDR 1-month NDF last -21 figs at IDR14,377. Bears keep an eye on Feb 15 low of IDR14,255, with bulls looking for an upswing above Feb 7 high of IDR14,461.
  • Indonesian Pres Widodo said he was planning to name a non-partisan candidate as leader of the new capital Nusantara next week.

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