USD/IDR Rebounds to 16,600 Amid US Tariff Worries
The USD/IDR pair received dip-buying interest around the 16,550 level during Wednesday’s Asian session, effectively reversing the previous dayโs decline from its highest mark since the Asian financial crisis of 1998. Prices surged back to the 16,600 level, although they remain below the dayโs swing high. As tariff concerns linger, market participants must watch for volatility in this currency pair.