Indonesia Core Inflation (YoY) below expectations (1.76%) in January: Actual (1.68%)

Feb 1, 2024

Indonesia Inflation (MoM) came in at 0.04%, below expectations (0.29%) in January

USD/INR extends its down leg ahead of India’s Interim Budget

Indian Rupee (INR) gains traction on Thursday. The uptick in the pair is bolstered by US Dollar (USD) sales from both local and foreign banks, which boosted the INR to its strongest level in over two weeks.