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Bank Indonesia held rates at 5.75% and expanded rupiah-support measures, changing the backdrop for IDR transfers, supplier payments and travel money.
Several emerging-market currencies are trading at or near record lows against the US dollar, led by the Indian rupee and Indonesian rupiah. For travellers, expats and businesses, the moves are a reminder to compare rates carefully before sending or exchanging money.
The Singapore dollar has reached its highest level in over a decade, boosting outbound travel and curbing inflation, but also putting pressure on exporters and local businesses. While sectors like logistics and finance benefit, retail, hospitality, and exports face challenges from the strong currency.
Indonesia is an archipelago of over 17,000 islands, making it the world’s largest island country. Indonesia is home to some of the most biodiverse ecosystems on the planet. The country is also home to a wide variety of cultures, wi...
Currently, USD/IDR is trading close to the 3-month average, supported by safe-haven flows driven by geopolitical tensions. The pair is holding near recent highs, suggesting near-term conditions may remain...
Currently, SGD/IDR is trading close to 13885, holding near its 90-day average within a range of 13507 to 14090. The pair remains supported by risk-off sentiment, with safe-haven flows maintaining stability.
GBP/IDR is currently trading near 14-day lows, supported by risk-off conditions and safe-haven flows. The pair remains consolidating within its recent range, with risk sentiment likely to keep it pressured in the near term.
Currently, EUR/IDR is trading close to the 3-month average within a narrow range. Supported by easing inflation and energy prices, the pair remains range-bound.
Currently, AUD/IDR is trading close to its 14-day lows below the 3-month average, supported by risk-off sentiment. Over the next few sessions, the pair may face pressure if global risk aversion persists, given...