USD/IDR: RUPIAH TO ENJOY GAINS SUPPORTED BY ITS RESILIENT CURRENT ACCOUNT BALANCE – MUFG

avatar
· Views 62


The Indonesian Rupiah registered gains against the US Dollar in March. Economists at MUFG Bank see some gains from the IDR if commodity prices improve from current levels.

BI likely to maintain its monetary policy for the rest of the year 

“The current account may stay insulated by H2-2023 if commodity prices improve and export demand from Asia and China increase. Besides, the recovery in tourism is likely to help maintain a relatively stable services balance.” 

“The economy is expected to receive net portfolio investment inflows as yield differentials between the US and Indonesia are unlikely to narrow further. This comes as BI is likely to maintain its monetary policy for the rest of the year.”

“We forecast USD/IDR at 15,000 by the end of Q2 and 14,400 by Q1-2024.”

 

免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

古いコメントはありません。ソファをつかむ最初のものになりましょう。

  • tradingContest