Indonesian Rupiah Strengthens as Fed Uncertainty Drags on US Dollar
USD/IDR fell to around 18,120 on Wednesday, reversing a two-day gain as the greenback came under pressure before the Federal Reserve's policy update.
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The Indonesian rupiah firmed against the US dollar on Wednesday, with USD/IDR slipping to about 18,120 during Asian trading. The move snapped two consecutive days of gains for the pair.
The US dollar weakened broadly as markets awaited the Federal Reserve's upcoming policy decision, clouding the near-term outlook for the greenback.
Source: FXStreet Forex News