USD/IDR Price News: Rupiah sits at daily lows near 14, 370 on Indonesian FinMin comments

“High commodity prices have begun to affect Indonesia’s inflation, but inflation now still mild.”“Indonesia Q4 GDP seen around 5% YoY, taking 2021 full year growth to 4%.”In reaction to these above comments, the Indonesian rupiah came under renewed selling pressure, as USD/IDR rose to fresh two-day highs of 14, 377.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GBP/USD Price Analysis: Remains depressed near one-week low, around 23.6% Fibo. levelGBP/USD Price Analysis: Remains depressed near one-week low, around 23.6% Fibo. level By HareshMenghani GBPUSD Technical Analysis Majors Currencies
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/INR Price News: Bulls take the price into fresh corrective highsUSD/INR is currently trading at 74.7150 and higher by some 0.20% at the time of writing after rising from a low of 74.56 to a high of 74.72. US yields Ross_Burland
Source: FXStreetNews - 🏆 14. / 72 Read more »

GBP/USD drops into daily support structure in session lowsAt 1.3574, GBP/USD has fallen some 0.51% on Tuesday from a high of 1.3661 to a fresh low of 1.3573. The surge in US Treasury yields has lifted the US
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/MYR faces some consolidation near term - UOBQuek Ser Leang at UOB Group’s Global Economics & Markets Research suggests USD/MYR could navigate within the 4.1680-4.2060 range. Key Quotes “The shar
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/JPY surrenders intraday gains amid risk-off impulse, back around mid-114.00sThe USD/JPY pair surrendered intraday gains to a multi-day high and has now retreated to the lower end of its daily trading range, around mid-114.00s.
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/CHF pares intraday gains on weaker US data, up little around mid-0.9100sThe USD/CHF pair held on to its intraday gains through the early North American session, albeit has retreated a few pips from the daily high and was l
Source: FXStreetNews - 🏆 14. / 72 Read more »