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fxJul 15, 2026, 4:09 AM

S&P Global Reaffirms Indonesia's Stable Rating, IDR Strengthens

The Indonesian Rupiah gained for a second day after S&P Global Ratings reaffirmed the country's investment-grade credit rating with a stable outlook.

USDIDR

S&P Global Ratings reaffirmed Indonesia’s investment-grade credit rating with a stable outlook, providing support for the Indonesian Rupiah.

The USD/IDR pair declined for a second consecutive day, trading around 18,110 during Asian hours on Wednesday, as the Rupiah strengthened on the back of the rating affirmation.

Source: FXStreet Forex News