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USD/IDR well bid, BI caps

  • USD/IDR maintains firm stance above 13200, high at 13245 so far

  • BI intervenes again to restrict volatility, topside seen at 13250 intraday

  • Strong demand from corporate, outflows, bullish USD theme strengthens

  • Feb trade data eyed, exports likely -7.60%y/y, imports -6.80%, trade 0.52bln

  • USD/IDR last at 13235-245, traded 13220-245 range; NDFs 13380-410 

 

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