USD/IDR to gap up at open, BI ready to intervene
Cortland Daignault4/8/2025 2:50:05 PM
USD/IDR to gap up at open after extended Eid holidays
,Pair ended at 16555 last, NDFs ended at 16900-16700 in NY
,Intervention from the central bank sent the 1 mth down from 17300 high
,BI will aggressively intervene in domestic markets when markets open today
,BI reportedly had summoned trading heads to a meeting on markets yesterday
,Indo stock exchange to halt trading if markets fall more than 20%
,Indonesia wants fair and equal relationship with US, President says
,Trump had imposed at 32% reciprocal tariff on Indonesia
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