[Tree] Impact of USD/IDR exchange rate and U.S. economy on Indonesian Rupee

Version 1.16 (2024-07-12 08:00:43.610000)

updates: Rupiah strengthens as Prabowo seeks to allay debt concerns

Version 1.15 (2024-07-08 01:55:19.965000)

updates: Rupiah expected to fluctuate and potentially strengthen

Version 1.14 (2024-06-24 05:54:44.947000)

updates: Updates on rupiah's depreciation and fiscal policy uncertainty

Version 1.13 (2024-06-17 07:53:52.579000)

updates: Rupiah projected to weaken due to global economic risks and trade war

Version 1.12 (2024-06-14 03:57:53.234000)

updates: Rupiah exchange rate expected to strengthen amid Fed's interest rate cut

Version 1.11 (2024-06-12 08:52:49.307000)

updates: Updates on USD/IDR exchange rate and US interest rate policy

Version 1.1 (2024-05-27 18:53:29.710000)

updates: Updates on the rupiah's exchange rate and factors affecting it

Version 1.09 (2024-05-22 02:53:57.127000)

updates: New information on the rupiah exchange rate and the impact of Fed official comments

Version 1.08 (2024-05-15 02:54:32.218000)

updates: The depreciation of the rupiah due to political developments

Version 1.07 (2024-05-06 14:53:52.212000)

updates: Rupiah strengthens against US dollar; Indonesian economy grows 5.11% in Q1/2024

Version 1.06 (2024-04-30 01:52:44.050000)

updates: Updates on the rupiah exchange rate and US inflation

Version 1.05 (2024-04-25 06:53:25.220000)

updates: Economists warn that the recent rate hike may not be the last

Version 1.04 (2024-04-25 05:55:16.813000)

updates: Updates on the impact of geopolitical tensions on the US dollar and rupiah exchange rate, and the resulting impact on housewives and micro-economic decisions in Indonesia

Version 1.03 (2024-04-22 00:24:43.053000)

updates: Businesses concerned about rupiah weakening, government reassures citizens

Version 1.02 (2024-04-19 01:21:16.553000)

updates: Rupiah projected to strengthen as retail sales remain strong

Version 1.01 (2024-04-19 01:19:08.869000)

updates: The Indonesian rupiah's depreciation continues, raising concerns for Bank Indonesia and the need for rate hikes

Version 1.0 (2024-04-18 02:19:54.310000)

updates: The Indonesian rupiah has plunged to a four-year low against the dollar, complicating monetary policy for Bank Indonesia. The currency's decline may force the central bank to raise rates as early as next week. Bank Indonesia has been using various intervention tools to stabilize the rupiah, but a rate hike may be necessary to support the currency. The rupiah's high yields have historically attracted investors, but its appeal has waned due to currency volatility and narrow spreads. Foreigners now hold just 14% of Indonesian government securities, compared to 25% in December 2020. Bank Indonesia has spent $6 billion in the first quarter to support the rupiah. However, the central bank may be running out of options as expectations for Fed rate cuts recede. Some investors are betting on eventual Fed rate cuts later this year to provide relief for the rupiah. Bank of America's economist has pushed out expectations for Bank Indonesia's first rate cut to December from June. The central bank may surprise the market with a rate hike to address inflation risks from imported inflation and energy.

Version 0.99 (2024-04-17 09:19:01.449000)

updates: Speculation of rate hike due to plunging rupiah

Version 0.98 (2024-04-16 03:21:15.892000)

updates: Indonesian rupiah weakens to four-year low

Version 0.97 (2024-04-15 04:22:25.204000)

updates: Inclusion of information on trade balance and import restrictions

Version 0.96 (2024-04-09 23:22:46.414000)

updates: Updates on rupiah exchange rate and factors influencing it

Version 0.95 (2024-04-06 03:21:44.895000)

updates: The Indian rupee is reported to be stable among major currencies, reflecting India's sound macroeconomic fundamentals and financial stability. The rupee depreciated by 1.4% against the US dollar in 2023-24. India's foreign exchange reserves reached an all-time high of $645.6 billion. India's current account deficit narrowed significantly in the first three quarters of 2023-24. Foreign portfolio investment flows in India saw a significant turnaround in 2023-24.

Version 0.94 (2024-04-05 02:21:32.428000)

updates: Includes information on the weakening of the rupiah against the US dollar and signals from the Federal Reserve regarding interest rate decline

Version 0.93 (2024-03-28 06:18:41.032000)

updates: Indian Rupee weakens on US Dollar demand, supported by hawkish Fed comments

Version 0.92 (2024-03-27 04:17:58.661000)

updates: Indian Rupee recovers despite USD demand, supported by RBI intervention

Version 0.91 (2024-03-22 07:21:18.995000)

updates: Indian Rupee weakened by USD and bond yields, investors await Powell's speech

Version 0.9 (2024-03-14 03:17:08.537000)

updates: Indian Rupee faces pressure from stronger US dollar and higher bond yields

Version 0.89 (2024-03-13 01:17:43.372000)

updates: Indian Rupee gains on inclusion in Bloomberg EM Bond Index

Version 0.88 (2024-03-12 11:28:46.696000)

updates: Rupee closes flat ahead of US inflation data

Version 0.87 (2024-03-12 03:18:09.436000)

updates: The Indian Rupee (INR) trades on a weaker note on Tuesday, despite the decline of the USD. The softer Greenback and a decline in crude oil prices might boost the Indian Rupee in the near term. INR reached an over six-month intraday high of 82.65 on Monday, but the rally was limited by a possible intervention from the Reserve Bank of India (RBI) to prevent a significant appreciation in the INR. India's headline retail inflation is expected to drop to 5.02% in February from 5.10% in January, extending it within the RBI's tolerance range of 2-6% for the sixth consecutive month. However, economists expect the Indian central bank to maintain current monetary policy at its April meeting since the domestic economy remains strong and inflation continues to stay above its 4% target. Investors will monitor India’s and US Consumer Price Index (CPI) inflation data for February, due on Tuesday. Later, India’s Wholesale Price Index (WPI) of Food, Fuel, and Inflation will be released on Wednesday, and the US Retail Sales will be published on Thursday.

Version 0.86 (2024-03-12 02:29:02.811000)

updates: Updates on the expected rupee-dollar exchange rate

Version 0.85 (2024-03-07 11:19:19.782000)

updates: Indian Rupee appreciates due to foreign fund inflows and falling crude oil prices

Version 0.84 (2024-03-05 04:19:07.878000)

updates: Indian Rupee Softens as USD Extends Upside, Services PMI Data Awaited

Version 0.83 (2024-03-04 03:23:34.061000)

updates: The story has been updated with the latest information on the USD/INR pair and the upcoming Indian Services PMI data

Version 0.82 (2024-03-01 04:19:20.063000)

updates: Indian rupee strengthens, GDP growth rate surpasses estimates

Version 0.81 (2024-02-29 03:23:15.475000)

updates: Indian Rupee faces pressure from increased USD demand

Version 0.8 (2024-02-28 11:33:19.844000)

updates: German bank predicts INR will hold strong against USD in 2024

Version 0.79 (2024-02-26 03:16:41.569000)

updates: Updates on USD demand, RBI intervention, economic data releases

Version 0.78 (2024-02-21 03:17:54.331000)

updates: Updates on the expected rise of the Indian rupee due to offshore dollar selling interest

Version 0.77 (2024-02-20 03:19:04.573000)

updates: Updates on the weakness of Asian currencies and rising US Treasury yields

Version 0.76 (2024-02-20 03:17:22.912000)

updates: The Indian rupee continues to weaken against the USD. Investors await FOMC and RBI Meeting Minutes.

Version 0.75 (2024-02-14 03:51:25.974000)

updates: Indian rupee expected to weaken after US inflation data moderates

Version 0.74 (2024-02-12 03:21:56.940000)

updates: The INR ended slightly lower against the USD on Friday. The RBI maintained its rates and stance at its recent policy meeting. India bond yields rose following the RBI decision. The rupee is expected to appreciate slightly against the USD this year. The RBI is anticipated to continue intervening in currency markets to support the rupee. The RBI is expected to cut rates later this year, but at a slower pace compared to the US Federal Reserve. The rupee is projected to gain more than 0.6% over the next six months. The rupee is trading stronger against the USD. The RBI is expected to keep the key interest rates unchanged at 6.5% for the sixth consecutive time. The RBI raised its economic growth forecast to 7% from 6.5%. The USD/INR pair maintains a bearish outlook in the short term.

Version 0.73 (2024-02-12 02:22:52.709000)

updates: Updates on US inflation and Fed rate expectations

Version 0.72 (2024-02-08 04:13:41.930000)

updates: Updated with information on the current USD/INR exchange rate and the expected RBI rate decision

Version 0.71 (2024-02-07 03:16:51.812000)

updates: The Indian rupee is expected to appreciate slightly against the US dollar this year due to continued RBI intervention

Version 0.7 (2024-02-06 04:12:05.480000)

updates: USD/INR trading flat despite weaker USD, RBI rate decision

Version 0.69 (2024-02-02 13:30:36.265000)

updates: Incorporated short-term and long-term USD to INR exchange rate forecast

Version 0.68 (2024-02-02 04:26:04.902000)

updates: Indian Rupee strengthens as USD/INR extends downside

Version 0.67 (2024-01-25 03:54:16.940000)

updates: USD/INR pair remains range-bound despite US GDP data

Version 0.66 (2024-01-24 03:54:59.475000)

updates: USD/INR extends the rally ahead of US PMI data

Version 0.65 (2024-01-23 04:56:53.689000)

updates: USD/INR pair remains range-bound despite strong Dollar Index

Version 0.64 (2024-01-19 04:51:28.284000)

updates: USD/INR edges lower, investors monitor US Michigan sentiment data

Version 0.63 (2024-01-18 04:49:21.133000)

updates: Indian Rupee recovers ground as RBI Governor speaks at Davos

Version 0.62 (2024-01-15 04:21:14.907000)

updates: Indian rupee holding ground against USD as inflation data weakens

Version 0.61 (2024-01-12 03:27:16.889000)

updates: Indian rupee volatility amid US rate cut speculation

Version 0.6 (2024-01-11 12:18:28.772000)

updates: Indian rupee stability, US inflation data anticipation

Version 0.59 (2024-01-11 04:21:52.187000)

updates: Indian Rupee strengthens, focus on US CPI data

Version 0.58 (2024-01-03 05:21:40.172000)

updates: Indian Rupee weakened against USD, Finance Ministry optimistic on economic growth

Version 0.57 (2024-01-03 04:21:49.717000)

updates: Indian rupee weakens against USD, focus on Indian PMI and FOMC Minutes

Version 0.56 (2023-12-29 03:03:15.530000)

updates: Indian Rupee gains ground despite weaker US Dollar

Version 0.55 (2023-12-28 05:03:39.938000)

updates: Indian Rupee projected to strengthen against U.S. Dollar

Version 0.54 (2023-12-28 05:00:41.474000)

updates: Indian Rupee gains ground despite weaker US Dollar

Version 0.53 (2023-12-28 04:01:34.476000)

updates: Rupee set for gains amid dollar weakness on dovish Fed outlook

Version 0.52 (2023-12-28 01:02:09.918000)

updates: Indian rupee weakened due to dollar demand from foreign banks

Version 0.51 (2023-12-26 06:06:26.098000)

updates: Integration of Dollar index correction and Gold prices

Version 0.5 (2023-12-22 11:08:09.257000)

updates: Indian rupee ends higher but posts worst week in over 2 months

Version 0.49 (2023-12-22 05:59:34.441000)

updates: Indian Rupee Drifts Lower Despite Weaker USD, US GDP Growth

Version 0.48 (2023-12-20 03:59:03.130000)

updates: Indian Rupee weakening despite weaker USD

Version 0.47 (2023-12-13 04:17:33.980000)

updates: Indian Rupee extends downside amid US Dollar strength, Indian Consumer Price Index surpasses target, investors await US PPI and Fed rate decision

Version 0.46 (2023-12-07 08:08:09.173000)

updates: USD/INR gains traction on increased USD demand

Version 0.45 (2023-12-05 04:49:06.803000)

updates: Updates on the weakening of the Indian rupee and factors influencing it

Version 0.44 (2023-12-04 03:51:56.626000)

updates: Updates on Indian GDP growth, infrastructure sector output, and currency pair trading range

Version 0.43 (2023-12-01 12:40:34.494000)

updates: Indian rupee appreciation, equity market gains, macroeconomic data

Version 0.42 (2023-12-01 07:47:40.961000)

updates: Indian rupee appreciation, GDP growth, infrastructure sector output

Version 0.41 (2023-12-01 06:58:57.961000)

updates: Indian rupee appreciation, positive economic data, equity market gains

Version 0.4 (2023-12-01 04:34:32.177000)

updates: Indian rupee strengthens after GDP beats projections

Version 0.39 (2023-11-30 05:42:05.160000)

updates: Updated information on the Indian rupee's stability and global economic factors

Version 0.38 (2023-11-30 04:34:13.840000)

updates: Indian rupee strengthens on dovish comments from Federal Reserve officials

Version 0.37 (2023-11-29 06:43:08.819000)

updates: Rupee strengthens on drop in US yields and strong Asia FX

Version 0.36 (2023-11-28 11:55:03.364000)

updates: Indian rupee rebounds, gains 6 paise against US dollar

Version 0.35 (2023-11-28 03:39:34.059000)

updates: Indian government monitoring exchange rate, GDP expected to slow to 6.8% in Q3

Version 0.34 (2023-11-27 04:35:43.181000)

updates: Updates on the Indian rupee's struggle against the US dollar, IPO-related inflows, RBI's growth projection, Indian stock market expectations, and USD/INR pair's trading range.

Version 0.33 (2023-11-24 07:14:58.342000)

updates: Rupee regains value after minor setback

Version 0.32 (2023-11-24 07:05:40.388000)

updates: USD strengthens against INR, positive economic forecasts for India

Version 0.31 (2023-11-24 06:10:38.368000)

updates: Indian rupee holds steady against US dollar, oil prices fall further

Version 0.3 (2023-11-24 04:04:20.445000)

updates: Renewed USD demand during US, India holidays; Indian economy projected to have higher GDP growth; Technical outlook for USD/INR suggests bullish bias

Version 0.29 (2023-11-23 17:20:08.547000)

updates: Indian rupee holds steady against US dollar as oil prices fall further

Version 0.28 (2023-11-23 07:02:45.891000)

updates: USD/INR strengthens amid inflation concerns

Version 0.27 (2023-11-22 04:00:27.498000)

updates: RBI remains on high alert on inflation

Version 0.26 (2023-11-21 08:04:46.640000)

updates: Indian rupee hits new closing low against US dollar

Version 0.25 (2023-11-21 04:03:11.011000)

updates: Indian rupee hits record low against USD

Version 0.24 (2023-11-20 03:19:25.777000)

updates: Incorporated information about investors awaiting FOMC Meeting Minutes

Version 0.23 (2023-11-13 13:29:15.740000)

updates: Revised and restructured story for improved clarity and impact

Version 0.22 (2023-11-13 08:38:33.583000)

updates: Restructured story with additional information

Version 0.21 (2023-11-10 21:35:25.295000)

updates: Restructured and organized the content for clarity and impact

Version 0.2 (2023-11-10 10:34:00.384000)

updates: Contrast between rupee appreciation and record low

Version 0.19 (2023-11-07 07:29:10.063000)

updates: Restructured and enhanced the narrative for improved clarity and impact

Version 0.18 (2023-11-07 05:39:30.203000)

updates: The original story focused on the decline of the Indian rupee and insurance premiums, while the new story highlights the strengthening of the Indian rupee against the US dollar amid a weakening US economy.

Version 0.17 (2023-11-07 05:32:45.912000)

updates: The original story focused on the Indian rupee falling in line with Asian peers, while the new story highlights the rupee strengthening against the US dollar amid a weakening US economy.

Version 0.16 (2023-11-06 07:24:04.316000)

updates: Restructured and enhanced the narrative for improved clarity and impact

Version 0.15 (2023-11-06 06:27:30.378000)

updates: Restructured and enhanced the narrative for improved clarity and impact

Version 0.14 (2023-11-06 05:24:56.168000)

updates: Restructured and enhanced the narrative for improved clarity and impact

Version 0.13 (2023-11-06 04:20:23.053000)

updates: Added information about the weakening US economy and the RBI's OMO plan

Version 0.12 (2023-11-02 11:29:57.381000)

updates: Combined information from two sources

Version 0.11 (2023-11-02 05:25:28.376000)

updates: Revised title and story to reflect the strengthening of the Indian rupee against the US dollar

Version 0.1 (2023-10-31 23:26:07.090000)

updates: Added information about the Indian Rupee falling after weak Chinese data

Version 0.09 (2023-10-30 02:21:09.710000)

updates: Restructured and streamlined information

Version 0.08 (2023-10-23 17:36:45.753000)

updates: Title and narrative have been revised to reflect the strengthening of the Indian Rupee and the fall in USD treasury yields

Version 0.07 (2023-10-23 09:25:44.269000)

updates: Updated information on the rupee's trading and factors affecting it

Version 0.06 (2023-10-09 09:10:38.744000)

updates: The narrative provides a more detailed analysis of the factors influencing the rupee's performance and highlights the importance of geopolitics and inflation. It also emphasizes the role of the RBI's monetary policy decisions, global growth prospects, and the strength of the dollar. The narrative is more comprehensive and provides a clearer understanding of the factors at play in the week ahead.

Version 0.05 (2023-10-08 21:05:39.822000)

updates: Expanded on the US CPI inflation and added details on other key risk events

Version 0.04 (2023-10-08 18:10:49.526000)

updates: The title has been changed to better reflect the content of the story.

Version 0.03 (2023-10-08 17:05:01.781000)

updates: The story now includes the impact of upcoming US economic data on sentiment.

Version 0.02 (2023-10-08 15:25:27.926000)

updates: The new narrative includes additional information on the Australian economy, Wall Street's rally, and the upcoming earnings season

Version 0.01 (2023-10-08 14:05:41.187000)

updates: Added information about geopolitical risks

Version 0.0 (2023-10-08 08:52:55.758000)

updates: Incorporated information about the Australian economy and Wall St rally