Softer USD, Lower US Yields Could Provide Relief For Indonesian Rupiah

The Indonesian rupiah (IDR) could find some near-term relief from a softer US dollar and a pullback in long-end US Treasury yields, according to OCBC Research. The research house said Bank Indonesia (BI) had kept its policy rate unchanged at 5.75%, while maintaining its focus on rupiah stability and reiterating measures to attract foreign inflows […]