Indonesian Rupiah (IDR) All Time Low

Indonesian Rupiah (IDR) All Time Low






Indonesia’s rupiah dropped to a 17-year low against the dollar on Thursday, pressured by slowing economic growth and high inflation in Southeast Asia’s largest economy. The rupiah fell 0.4 percent to 13,271 against the dollar, the weakest level since August 1998 when Indonesia was in the depths of a financial crisis that led to the […]






Indonesian Rupiah (IDR) 4.75 pct since October

Indonesian Rupiah (IDR) 4.75 pct since October






Benchmark rate has been 4.75 pct since October. Indonesia’s central bank is widely expected to leave its benchmark rate unchanged again on Thursday as it keeps focusing on two key factors: the inflation rate and U.S. monetary policy. Bank Indonesia (BI) halted an easing cycle in October last year after cutting its benchmark rate <IDCBRR=ECI> six times. Six […]






Indonesian Rupiah (IDR) Update

Indonesian Rupiah (IDR) Update






Bank Indonesia Governor Agus Martowardojo expects the Indonesian rupiah to depreciate to the range of IDR 13,400 – IDR 13,700 per US dollar in 2018. This is slightly weaker than the forecast for this year at the range of IDR 13,300 – IDR 13,600 per US dollar. Main reasons why the rupiah is estimated to […]






Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Bullish

Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Bullish






Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Bullish Recently, the Indonesian government altered regulations to allow more foreign investment in the sector. Indonesia’s investment service agency only recently allowed 100-percent foreign ownership for investments above 100 billion Indonesian rupiah ($7.53 million) for the establishment of an e-commerce company in the country. The rupiah was […]






Indonesian Rupiah Outlook

Indonesian Rupiah Outlook






Indonesian Rupiah closed down -3.000 at 13,097.000. Volume was 23% above average (neutral) and Bollinger Bands were 79% narrower than normal. Open High Low Close Volume___ 13,090.00013,111.00013,080.00013,097.000 146 Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 13,111.70 13,279.04 13,460.10 Volatility: 3 8 8 Volume: 121 113 […]