The Indonesian rupiah depreciated 50% between July 2011 and February 2020. Blanchard et al. (Are capital inflows expansionary or contractionary? Theory, policy implications, and some evidence. NBER Working Papers 21619, National Bureau of Economic Research, Cambridge, MA, 2015) showed that capital outflows from emerging markets can reduce output by increasing the cost of financial.. Indonesia’s currency is tumbling and foreign money in its bond markets is heading for the exits, stoking fears that Southeast Asia’s largest economy is finally starting to crack after months of.
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Chart USD IDR — Dollar A.S / Rupiah Indonesia — TradingView
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The pair could stabilise and end 2024 at 14,500, according to the forecast. However, the USD/IDR forecast from French bank Societe Generale indicates that the pair could continue to trade above 15,000 for the long term, averaging 15,050 in 2023 and 15,201 in 2024. The bank’s USD/IDR forecast for 2025 shows the pair rising to an average of 15,506.. We would like to show you a description here but the site won’t allow us.