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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 recent highs near 18090, about 2.4% above the 3-month average. The pair remains supported by risk-off sentiment, with safe-haven flows strengthening the US Dollar.
Currently, SGD/IDR is trading near recent highs within a 5.3% range. It is supported by risk-off sentiment and safe-haven flows, but trading close to the 90-day average.
Currently, GBP/IDR is trading close to recent highs, supported by risk-off sentiment and safe-haven flows. The pair remains near the upper end of its recent 6% range, influenced by global risk aversion and...
Currently, EUR/IDR is trading close to recent highs near 20652, supported by risk-off sentiment and rising inflation concerns. Over the next few sessions, the pair may remain supported, although with limited...
Currently, AUD/IDR is trading close to recent highs near 12579, holding near its 90-day average and supported by risk-off sentiment. Over the next few sessions, the pair may face downward pressure as...