Rupiah’s Advance at Risk as Fiscal, Rate Pressures Linger

The rupiah may struggle to extend its recent rally, as lingering concerns over spending and trade temper optimism over Indonesia’s efforts to bolster policy credibility.

By Subhadip Sircar and Prima Wirayani · Bloomberg Markets

The rupiah may struggle to extend its recent rally, as lingering concerns over spending and trade temper optimism over Indonesia’s efforts to bolster policy credibility.