Market News

USD/IDR Price News: Rupiah corrects from near three-week tops amid weak Indonesian Retail Sales


Indonesia’s Retail Sales dropped by using some other 2.1% on the 12 months in August vs. a 2.9% limit considered in July, the trendy survey performed through Bank Indonesia (BI), the Indonesian central bank, launched on Monday.

FX implications
USD/IDR bounced off from close to three-week troughs of 14,197.50 on susceptible Indonesian data.

At the press time, USD/IDR trades at 14,215, down 0.04% on a each day basis, as the rupiah pares lower back gains.


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