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The Indonesian rupiah approaches a historic low against the U.S. dollar, influenced by fiscal worries and government spending plans.
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...
AUD/IDR Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average but lacks a clear driver for a significant upward move.
EUR/IDR Outlook: The outlook for EUR/IDR is bullish as the rate is currently above its recent average and near recent highs, supported by robust euro demand.
GBP/IDR Outlook: Likely to increase, as the rate is currently above its recent average and near recent highs, driven by specific factors.
USD/IDR Outlook: The outlook is likely to increase as the USD is currently trading above its recent average and near recent highs, supported by ongoing tariff concerns.
Bias: Bullish, as SGD/IDR is above the 90-day average and in the upper half of the 3-month range.