Rupiah’s August Crown Slips: Oil, Rate Spreads Push Forecasts to 18,200

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‼️ 🇮🇩 Rupiah rally loses steam: after a 1.5% August rally (SEA’s best), BNP Paribas sees 17,900/USD and HSBC 18,200 by year-end as higher oil and narrower rate spreads dent sentiment.
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