According to Societe Generale, the Rupiah is likely to face increased pressure in the near future at a rate of 15,387.0 USDIDR.

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USDIDR Chart by TradingView

The Indonesian Rupiah has already fallen by more than 2.6% against the Dollar so far this quarter on the back of high crude Oil prices and a rising Dollar Index. Economists at Société Générale discuss IDR outlook.

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