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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 its 90-day average and near recent highs, supported by high risk sentiment and safe-haven flows. The pair trades within its recent range, consolidating with a bias...
Currently, SGD/IDR is trading near the high end of its recent range, supported by risk-off sentiment and safe-haven flows. It is trading close to 14042, above its 3-month average, indicating some upward pressure.
Currently, GBP/IDR is trading close to its 14-day highs near 24,305, holding near recent peak levels with the dominant driver being risk sentiment. Risk-off conditions, supported by UK political uncertainty...
Currently, EUR/IDR is trading near 30-day highs at 20805, supported by risk-off sentiment and global safe-haven flows. Over the next few sessions, the pair may remain supported by risk aversion, but the...
Currently, AUD/IDR is trading close to recent highs, holding near the 3-month average with the pair trading within its recent range. The dominant driver remains risk sentiment, which is pressuring the IDR amid...