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USD/IDR trending back towards 13350, eyes 13385 recent high

  • Pair remains well bid amid fears of increased foreign outflows

  • 5year CDS at highest yesterday, +19bps in last 2 weeks to 180

  • Weakness in  IDR, higher inflation continue to knock growth outlook

  • Pair last at 13335-345, NDFs 13445-13475

 

  • Market Data
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