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IDR: Stability-first stance supports currency – Societe Generale

Societe Generale analysts Kunal Kundu and Galvin Chia note that Bank Indonesia (BI) kept its policy rate at 4.75% and retained its 2.5% ±1% inflation target, emphasizing a stability-first approach.
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AUD/USD holds near 0.7160 as Hormuz risks cap Aussie upside today

AUD/USD is stuck within a range as Middle East geopolitical tensions remain high, with US President Trump extending the ceasefire while Iran seized two container ships in the Strait of Hormuz.
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