Rupiah gains toward third straight weekly rise
The Indonesian rupiah strengthened to around IDR 17,720 per U.S. dollar on Friday, aiming for its third consecutive weekly advance as the dollar index stayed near multi-month lows.
S. S. Treasury’s bond buyback plan. 58% yoy in July, surpassing Bank Indonesia’s 8—12% target for end-2026.
75% for a second month after 100bps of hikes since May. However, gains were capped by external risks, as a record current account surplus in Q2 was accompanied by a persistent trade gap following a surge in oil imports driven by the Middle East war. 88% in July.