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USD/IDR supported by lower CPI

  • USD/IDR lower but below forecast CPI should support pair

  • Expect buying interest ahead of 12950

  • USD/IDR falls to 12970 low last, checked by intervention at 13000 high

  • Pair last 12960-970, NDFs stays firm at 13110-140; JKSE +0.33% 

 

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