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Prezzi
fxJul 10, 2026, 8:03 PM

IDR Vulnerability Persists as USD/IDR Tops 18,000 – MUFG

MUFG analyst Lloyd Chan warns that the Indonesian rupiah remains vulnerable, with USD/IDR climbing back above 18,000 on renewed Middle East tensions and elevated US rates.

USDIDR

MUFG flags continued IDR weakness

Lloyd Chan, an analyst at MUFG, notes that the Indonesian rupiah remains under pressure as USD/IDR moved back above the 18,000 level. The move is attributed to renewed geopolitical tensions in the Middle East and persistently elevated US interest rates.

Chan’s comments suggest that the currency’s vulnerability is likely to persist in the near term, with external factors continuing to weigh on emerging-market currencies.

Source: FXStreet Forex News