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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 near its 90-day highs around 18096, above the 3-month average of 17291. Risk sentiment dominance and safe-haven flows support the pair.
Currently, SGD/IDR is trading close to its 90-day high near 14019, supported by risk-off sentiment amid geopolitical tensions. Over the next few sessions, the pair may remain pressured by safe-haven flows,...
Currently, GBP/IDR is trading near the 90-day average, supported by the rate differential, with the pair finding support around the recent highs. The pair remains within its recent range, with no strong directional impulse.
Currently, EUR/IDR is trading close to recent highs within its recent range, holding near the 3.6% above its 3-month average. Risk-off sentiment dominates, supported by high external pressures on the IDR and...
Currently, AUD/IDR is trading close to record lows near 12,763, supported by risk-off sentiment and external pressures. Over the next few sessions, the pair may remain supported by risk aversion and external...