• USD/IDR is down at 15,645 in Jakarta morning; versus Friday's close of 15,670.
  • The rupiah’s rally in recent trading sessions has seen it through the 20-day EMA of 15,652. Next technical level is the 50-day EMA at 15,612.
  • Bloomberg Asia dollar spot index is lower by 0.12% at the open and the Bloomberg Dollar spot index is 0.05% higher.
  • USD/IDR one-month implied volatility is up this morning to 6.97%, versus 6.745% Friday’s close.
  • Indonesia's 10-year bond yield is at 6.763%
  • Indonesia 5 yr USD CDS at 68bps (yesterday close 68bp, 5-year low 58bps in 2020).

Headlines

  • Indonesian and Chinese firms will sign agreements worth more than US$10bn according to President Prabowo (source:  BBG).
  • Indonesia’s state budget deficit widened to 309.2t rupiah as of end-Oct., equivalent to 1.37% of GDP, Finance Minister Sri Mulyani Indrawati says in briefing (source:  BBG).

Data Releases 15 November

  • Imports YoY
  • Exports YoY
  • Trade Balance
  • External Debt

Government Bond Auction

  • None

IDR: USD/IDR – Rupiah Strengthens as Global Volatility Subsides. 

Last updated at:Nov-11 02:37By: Jamie Grant
Indonesia
  • USD/IDR is down at 15,645 in Jakarta morning; versus Friday's close of 15,670.
  • The rupiah’s rally in recent trading sessions has seen it through the 20-day EMA of 15,652. Next technical level is the 50-day EMA at 15,612.
  • Bloomberg Asia dollar spot index is lower by 0.12% at the open and the Bloomberg Dollar spot index is 0.05% higher.
  • USD/IDR one-month implied volatility is up this morning to 6.97%, versus 6.745% Friday’s close.
  • Indonesia's 10-year bond yield is at 6.763%
  • Indonesia 5 yr USD CDS at 68bps (yesterday close 68bp, 5-year low 58bps in 2020).

Headlines

  • Indonesian and Chinese firms will sign agreements worth more than US$10bn according to President Prabowo (source:  BBG).
  • Indonesia’s state budget deficit widened to 309.2t rupiah as of end-Oct., equivalent to 1.37% of GDP, Finance Minister Sri Mulyani Indrawati says in briefing (source:  BBG).

Data Releases 15 November

  • Imports YoY
  • Exports YoY
  • Trade Balance
  • External Debt

Government Bond Auction

  • None