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26 Mar 2020

Bank Indonesia’s Warijyo: Central bank has more than enough forex reserves to support the rupiah

Bank Indonesia’s (BI) Governor Warijyo said on Thursday, the central bank has more than enough forex reserves to support the rupiah, including through "triple intervention".

 Further comments

Sees a slowdown in outflows, some foreigners are seen buying govt bonds in the secondary market.

Will ensure the financial system has enough liquidity during the shorter trading period starting next week.

The rupiah weakness is temporary.

  • USD/IDR Price Analysis: Better bid, but still trapped in a contracting range
Mar 26, 2020

EUR/USD: Downside prospects lose traction – UOB

According to FX Strategists at UOB Group, the downside pressure in EUR/USD should mitigate above 1.0940. Key Quotes 24-hour view: “EUR traded between
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Mar 26, 2020

GBP Futures: Further upside loses traction

In light of advanced data from CME Group for GBP futures, open interest dropped by just 475 contracts on Wednesday while volume rose by more than 18K
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