USD/IDR retreats to 17,910 during Asian trading hours as the Indonesian Rupiah gains momentum following stronger-than-expected August retail sales figures.
Indonesian Rupiah strengthened after August Retail Sales expanded, pushing USD/IDR lower.
The Indonesian Rupiah strengthened against the US Dollar on Friday, pulling the USD/IDR pair down to 17,910. This move follows two days of gains for the greenback and reflects positive sentiment driven by robust domestic retail sales data released for August.
The USD/IDR pair is lower primarily due to the release of positive Indonesian retail sales data for August, which has increased demand for the Rupiah.