Emerging markets: Central bank seen selling USD/IDR
Reuters is reporting that the Indonesian central bank has been spotted selling USD/IDR, capping it around 9285.
Reuters is reporting that the Indonesian central bank has been spotted selling USD/IDR, capping it around 9285.
2 Responses to “Emerging markets: Central bank seen selling USD/IDR”
there’s not much excitement trading on my own currency, there’s too much intervention on behalf of bank indonesia.bi will try to keep USDIDR to stay near 9200, if can, below it.
we love to shop..inflation rate is high here-price is always rising except things from China which seems to get cheaper each time they sold something in the market, selling USDIDR seems like a good choice for foreign investor.
well they are are the only left who can sell.