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USD/IDR rises as risk aversion sees dollar strength

IDR

USD/IDR rises as risk aversion sees dollar strength

  • USD/IDR rose 0.51% to 15,508 as at 9:30 a.m Jakarta time
  • Bloomberg Asia Dollar spot index was down 0.13% this morning.
  • USD/IDR one-month implied volatility is at 8.86%, down from 9.5% yesterday, a high for the year.
  • Indonesia’s 10-year bond yield rose 1bp in yield in morning trading to 6.59%
  • The Jakarta Composite fell 0.51% at the open to 7,559.

Key Headlines

  • Finance Minister and Bank Indonesia Governor to speak at parliament meeting on 2025 state budget planning at 1 p.m (Source: Bloomberg).
  • Indonesia Sees Rate Cuts in Fourth Quarter Despite Rupiah Rally (Source: Bloomberg)
  • Businesses Fret over Political Instability amid Election Law Uproar (Source; Jakarta Post)
  • Bank Indonesia sees rate cut in Q4 despite IDR strength (Source: Jakarta Post)

Indonesia Economic Data

  • No major releases for the week ahead.

Debt Auctions Today

  • Bank Indonesia to Sell 32D SVBI Bills
  • Bank Indonesia to Sell 92D SVBI Bills
  • Bank Indonesia to Sell 183D SVBI Bills
  • Indonesia To Sell 2026 Sukuk Bonds (PBS032)
  • Indonesia To Sell 2028 Sukuk Bonds (PBS030)
  • Indonesia To Sell 2049 Sukuk Bonds (PBS038)
  • Indonesia To Sell 2037 Sukuk Bonds (PBS004)
  • Indonesia To Sell 2029 Sukuk Bonds (PBSG001)
  • Indonesia To Sell 273D Sukuk Bills (SPNS29052025)
  • Indonesia To Sell 186D Sukuk Bills (SPNS03032025)

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