Gold Research
Indonesian Rupiah advances as US Dollar struggles despite increasing risk aversion
USD/IDR depreciates after registering over 0.5% gains in the previous day, trading around 18,020 during the Asian hours on Friday. However, the pair may see upward momentum following Bank Indonesia's (BI) unexpected decision to hold its benchmark interest rate steady at 5.75% in July.
USD/IDR depreciates after registering over 0.5% gains in the previous day, trading around 18,020 during the Asian hours on Friday. However, the pair may see upward momentum following Bank Indonesia's (BI) unexpected decision to hold its benchmark interest rate steady at 5.75% in July.
Gold impact rationale
Stronger safe-haven demand makes capital more likely to flow into gold.
- Source: FXStreet news
- 2026-07-24
- risk
- price_action
Topics: gold news, gold price impact, risk, price_action