Thursday, October 15, 2026

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USD/IDR off highs on stocks, profit taking in NDFs

USD/IDR jumped higher in early dealings but stocks rally hold back gains Markets threatened by surprise BI rate cut and higher NDFs Rally in stocks and profit taking in NDFs capped IDR losses Pair last at 12790-12800, do…

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/IDR jumped higher in early dealings but stocks rally hold back gains

  • Markets threatened by surprise BI rate cut and higher NDFs

  • Rally in stocks and profit taking in NDFs capped IDR losses

  • Pair last at 12790-12800, down from early spike to 12820 high

  • 1month last at 12885-12915, down from 12930 early; JKSE +1.03% 

 

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