USD/IDR: Rupiah uninspired by upbeat Indonesian trade data

According to the latest trade data published by the Indonesian Statistics Bureau, the country unexpectedly posted a trade surplus in August. 

Indonesia reported a trade surplus of $0.085 billion vs. $-0.42 billion expected and $-0.06 billion previous. The imports and exports came in at -15.60% and -9.99% respectively vs. -18.12% and -11.40% expectations and -15.21% and -5.12% respective priors.

The median forecast from 11 economists was for a $0.19 trade surplus last month, the Reuters poll showed last week.

Upbeat trade report fails to rescue the Indonesian Rupiah versus the US dollar, keeping the USD/IDR cross at the higher levels near 14,040. The pair hit two-day highs of 14,055 but stalled the upside after Bank Indonesia intervened in bond market to stem the sharp decline in the Rupiah.


Source : Fxstreet

Sept 28, 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.