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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 d…

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  • 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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