IDR/USD: Rupiah May Recover on Rate Hike, Stronger Fiscals, Analysts Say
The Indonesian rupiah is poised for a period of stability, with analysts expecting the central bank to continue supporting Asia’s worst-performing currency and foreign funds to step up purchases of...
By Benjamin Liu and Prima Wirayani · Bloomberg Markets
The Indonesian rupiah is poised for a period of stability, with analysts expecting the central bank to continue supporting Asia’s worst-performing currency and foreign funds to step up purchases of the nation’s high-yielding bonds.