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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.
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 17,828, just below its 3-month average and within a very stable range. Risk-off sentiment, driven by global safe-haven demand, supports the IDR.
Currently, SGD/IDR is trading near its 3-month average, supported by risk-off sentiment and safe-haven flows. The pair remains within its recent range, with limited upside potential for now.
Currently, GBP/IDR is trading near recent highs, holding close to 24129 and just above its 3-month average. The pair is supported by risk-off sentiment and safe-haven demand.
EUR/IDR is trading close to 7-day highs around 20627, supported by risk-off sentiment. Conditions may remain supported near recent levels if risk appetite stays subdued, but the pair could face pressure if...
Currently, AUD/IDR is trading close to the 90-day average, holding near the midpoint of its recent range. The pair is supported by risk-off sentiment and geopolitical tensions, which tend to pressure...