USD/IDR last trades -22 pips at..........>

DOLLAR-IDR: USD/IDR last trades -22 pips at IDR14,418 and bears keep an eye on

the nearby 200-DMA, which intersects at IDR14,371. A fall below there would

expose IDR14,165, which limited losses on Jun 30. Bulls look for a jump above

the 50-DMA/Jul 3 high at IDR14,553/14,587. A clearance of those levels would

bring May 27 high of IDR14,780 into play.

- In case you missed it, Bank Indonesia struck a deal with Finance Ministry and

will share a greater burden of funding the nation's fiscal response to the

coronavirus crisis. The central bank will buy IDR574.4tn of gov't bonds,

including IDR397.56tn at the benchmark seven-day reverse repo rate.

- BBG cited official data, according to which Indonesian "gov't has spent less

than 5% of the IDR87.6tn set aside for priority health care because of delays in

verification and approval processes", with "some 85% of IDR120.6tn in tax-breaks

and other benefits for companies yet to be allotted".