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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 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...
Currently, USD/IDR is trading close to 14-day lows near 17942, slightly above its 3-month average of 17718. The pair is supported by a risk-off environment and safe-haven flows, with external safe-haven demand...
Currently, SGD/IDR is trading close to recent lows near 13894, holding near its 90-day average and trading within its recent range. The pair is supported by prevailing risk-off sentiment and safe-haven flows.
Currently, GBP/IDR is trading close to 7-day lows near 24131, holding near the recent range lows. The pair’s decline is driven by risk-off sentiment and safe-haven flows.
Currently, EUR/IDR is trading close to its 3-month average at around 20,526, holding near recent lows amidst a strong risk-off environment. Over the next few sessions, conditions may see limited upward...
Currently, AUD/IDR is trading near its 3-month average, holding near weekly lows around 12527. Risk-off sentiment is dominant, supported by rising safe-haven flows, especially into IDR.