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IDRUSD

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
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  • Previous Close
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  • 52 Week Change
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  • Day Range
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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  • EPS
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  • Beta
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  • Volume
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About

IDRUSD.FOREX likely refers to the Indonesian Rupiah to US Dollar currency pair within the context of Forex (foreign exchange) trading. The ".FOREX" extension clarifies that the data or trading activity is specifically related to the foreign exchange market, distinguishing it from other potential uses of the IDRUSD symbol in other financial instruments or contexts. It represents the exchange rate between the two currencies, showing how many Indonesian Rupiahs are needed to buy one US Dollar.
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Factors

Exchange Rate Factors Interest Rate Differentials: Significant interest rate differences between Indonesia and the US impact capital flows, influencing demand for each currency. Economic Growth: Stronger economic growth in Indonesia versus the US typically strengthens the IDR. Inflation Rates: Higher inflation in Indonesia compared to the US weakens the IDR due to reduced purchasing power. US Dollar Strength: Broad USD strength, driven by global risk aversion or US economic outperformance, often weakens the IDR. Indonesian Rupiah Sentiment: Investor sentiment towards the IDR impacts demand, affected by political stability and economic policies. Commodity Prices: Indonesia's commodity exports (like coal and palm oil) influence IDR value; higher prices generally support it. Central Bank Intervention: Bank Indonesia's (BI) intervention in forex markets to manage IDR volatility can directly impact the price.

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