Indonesian rupiah faces bout of seasonal weakness ahead of Fed-linked rally


JAKARTA (Bloomberg): Indonesia’s rupiah may be set for near-term weakness before gaining traction as global investors start to snap up the nation’s bonds.

Strategists at Citigroup Inc., Natwest Markets and others see the rupiah trading toward 15,800 per dollar in the second quarter amid seasonal headwinds.

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Indonesia , Rupiah , Major Issues

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