Economists At Mizuho Bank News Today : Breaking News, Live Updates & Top Stories | Vimarsana

1/12/2021 8:37:49 AM GMT
|
By FXStreet Team
At the time of writing, USD/IDR trades at 14,177, down -0.40% on a daily basis, having retreated from three-week highs of 14,207. Economists at Mizuho Bank believe the Indonesian rupiah is forecast to remain strong against the US dollar in January as a most-likely scenario. 
Key quotes
“The situation concerning the covid crisis remains pessimistic in Indonesia, which has recorded the worst mortality rates in Southeast Asia, while large-scale distancing protocols in Jakarta remain in place. It is likely that the pandemic will continue impacting the domestic economy of Indonesia. Due to this situation, imports have been recording negative year-on-year growth. On the other hand, the November exports turned out to be $2.6 B, recording remarkably positive year-on-year growth. While the trade surplus remains high in Indonesia, it is understandable that the Indonesia rupiah remain ....

Jakarta Raya , Economists At Mizuho Bank , Mizuho Bank , Southeast Asia , Usd Idr , ஜகார்த்தா ராய , பொருளாதார வல்லுநர்கள் இல் மீஜுஹோ வங்கி , மீஜுஹோ வங்கி , தென்கிழக்கு ஆசியா , அமெரிக்க டாலர் இடர் ,