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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 30-day lows near 17801, supported by safe-haven demand amid risk-off sentiment. The pair remains within its recent 4.5% range, just below its 3-month average, indicating...
Currently, SGD/IDR is trading near 7-day lows just above 13928, holding near its 3-month average within a narrow range. Risk sentiment dominates, supporting the view that the pair is consolidating within its recent range.
Currently, GBP/IDR is trading close to its 3-month lows, holding near the recent range’s bottom of around 24017. The pair’s recent decline reflects the risk-off environment and safe-haven flows supporting...
EUR/IDR is trading close to its 7-day lows near 20577 and near the 3-month average. The pair has been consolidating within a narrow range, supported by risk-off demand for safe-haven assets.
Currently, AUD/IDR is trading close to recent lows near 12578, at the lower end of its 3-month range. The pair is supported by risk-off sentiment, with global safe-haven demand influencing the IDR.