Rupiah Strengthens to Four-Month High as Fed Rate Odds Decline

Updated on
  • Government to announce fourth part of policy package Thursday
  • Currency pares gain after worse-than-expected export numbers

The rupiah surged to a four-month high amid signs the U.S. won’t raise interest rates this year and before Indonesia’s government releases the fourth installment of a policy package aimed at boosting economic growth.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.