USD/IDR Price News: Indonesian rupiah falls from highs after the Retail Sales slump

Indonesia's Retail Sales plunged 14.9% on the year in October vs. an 8.7% drop seen in September, the latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, released on Thursday.

FX implications

The Indonesian rupiah (IDR) came under mild selling pressure against the US dollar following a sharp drop in Indonesia’s Retail Sales.

At the press time, USD/IDR adds 0.25% to trade at 14,115, recovering from daily lows of 14,095.