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Indonesian Rupiah weakens amid fiscal, BI trade-off concerns

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Indonesian Rupiah weakens amid fiscal, BI trade-off concerns

USD/IDR gains ground for the fourth successive day, trading around 18,150 during Asian hours on Monday. The pair appreciates as the Indonesian Rupiah (IDR) faces challenges due to fiscal concerns that persist amid higher oil prices, given Indonesia’s status as a net oil importer.

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