Indonesia's Retail Sales declined 2.2% on the year in September vs. a 2.1% drop seen in August, the latest survey conducted by Bank Indonesia (BI), the country’s central bank, showed on Tuesday.
FX implications
USD/IDR keeps its range near six-day lows of 14,220 on weak Indonesian data.
At the press time, USD/IDR trades at 14,232.50, down 0.16% on a daily basis, extending its losing momentum into the third straight day. The spot tracks the sell-off in the US dollar across the board.
