• USD/IDR is up at 15,790 in Jakarta morning; versus yesterday's close of 15,780.
• In recent trading sessions, the Rupiah has broken through the key technical level of the 200-day EMA at 15,718.     
• Bloomberg Asia dollar spot index is higher by 0.11% at the open and the Bloomberg Dollar spot index is 0.05% lower.
• USD/IDR one-month implied volatility is up this morning to 7.1375%, versus 7.1150% yesterday’s close.
• Indonesia’s Jakarta Composite closed +0.76% higher yesterday.
• Indonesia's 10-year bond yield spiked 15bps yesterday to 6.918%
• Indonesia 5 yr USD CDS at 69bps (yesterday close 68bp, 5-year low 58bps in 2020).

Headlines

• Bank Indonesia may extend its policy rate pause throughout the year as the near-term outlook for portfolio inflows weakens, leading to higher FX risks, according to Citigroup (source:      BBG).
• Indonesia Sells 22T Rupiah of Bonds, T-Bills in Auction Tuesday with the result in line with govt’s indicative target according to DMO (source: BBG). 

Data Releases 15 NOV

• Imports YoY
• Exports YoY
• Trade Balance

Government Bond Auction

• Bank Indonesia to Sell 31D SUVBI Bills
• Bank Indonesia to Sell 95D SUVBI Bills