Indonesian Rupiah: Two-way trade with key levels watched against US Dollar – OCBC

OCBC’s Sim Moh Siong and Christopher Wong note that USD/IDR has rebounded after a near 2% month-to-date pullback, with external factors such as elevated Oil prices and US rates remaining key drivers.

Indonesian Rupiah: Two-way trade with key levels watched against US Dollar – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note that USD/IDR has rebounded after a near 2% month-to-date pullback, with external factors such as elevated Oil prices and US rates remaining key drivers.

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