USD/IDR: Rupiah off the lows post-upbeat Indonesian trade data

According to the latest trade data published by the Indonesian Statistics Bureau, the country posted a smaller-than-expected trade deficit in July after recording two straight months of surplus in June and May.

Indonesia reported a trade deficit of $0.06 billion vs. $-0.42 billion expected and $+0.20 billion previous. The imports and exports came in at -15.21% and -5.12% respectively vs. -18.12% and -11.40% expectations and +2.80% and -8.98% respective priors.

The median forecast from 11 economists was for a $0.42 trade deficit last month, the Reuters poll showed last week.

Upbeat trade report helps the Indonesian Rupiah to recover some ground versus the US dollar, sending the USD/IDR cross lower towards 14,275 levels. The pair hit two-day highs of 14,310 before the data release.


Source : fxstreet

Aug 31, 2019

Bank note current rate:
  currency buy sell
USD 14,350 0
AUD 9,575 0
SGD 10,075 0
CAD 10,925 0
GBP 17,450 0
EURO 14,975 0
SFR 14,950 0
YEN 104.50 0
NZD 8,600 0
   Last Updated :02 Jul 2022 - 10:15 AM
These are indicative rates. For actual exchange rates, please visit or call our outlets at (0361) 4741 940. We reserve the right to change the rates at any time without prior notice.
Currency Converter

Please Note :
Central Kuta does not sell foreign currencies in small denominations. Please Contact us for further information.