Indonesia's Retail Sales dropped by another 2.1% on the year in August vs. a 2.9% decrease seen in July, the latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, released on Monday.
FX implications
USD/IDR bounced off from near three-week troughs of 14,197.50 on weak Indonesian data.
At the press time, USD/IDR trades at 14,215, down 0.04% on a daily basis, as the rupiah pares back gains.
