Appreciation of the IDR against the USD in Q1 was in line with the positive view on the currency. Looking ahead, IDR is continued to forecast gains to 9000 by end-2008 (versus the forward 9705), anchored by a balance of payments surplus and a manageable fiscal deficit, despite high oil prices. Bank Indonesia policy bias [...]
Entries Tagged as 'Indonesia - IDR'
IDR Outlook
April 7th, 2008 · No Comments
Tags: Indonesia - IDR