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The Nexus
BUSINESSJul 20 · 00:00 UTCBLOOMBERGBenjamin Liu and Prima Wirayani

IDR/USD: Rupiah May Recover on Rate Hike, Stronger Fiscals, Analysts Say

The Indonesian rupiah is expected to stabilize as the central bank supports the currency and foreign funds increase purchases of high-yielding bonds. Analysts attribute this potential recovery to a rate hike and stronger fiscal policies.

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Indonesian rupiahtopiccentral bankorganizationforeign fundsorganizationHigh-Yielding Bondstopicrate hiketopicStronger Fiscalstopic
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