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via fxstreet.comEconomy

Indonesian Rupiah gains as Fed pause odds hit US Dollar

FROM THE WIRE · FXSTREET.COM

USD/IDR inches lower after registering modest gains in the previous day, trading around 18,080 during Asian hours on Monday. Indonesian market participants are assessing the situation after Bloomberg reported that local officials plan to meet with MSCI Inc. executives on Monday.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishFed pause expectations weigh on the dollar, while talks with MSCI matter for Indonesian equity flows.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01USD/IDR inches lower after modest gains the previous day, trading around 18,080 during Asian hours on Monday.
  2. 02Bloomberg reported that local officials plan to meet with MSCI Inc. executives on Monday.
  3. 03Indonesian market participants are assessing the situation.

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