USD/IDR to consolidate between the 14,600-15,000 range near term – Commerzbank USDIDR Indonesia Banks
BI will be averse to excessive strength in the currency
“We suspect Bank Indonesia will also be averse to excessive strength in the currency. We look for consolidation in USD/IDR between the 14,600-15,000 range near term.”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.
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