Indonesia sets wide ranges for 2023 rupiah, bond yield levels in budget

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JAKARTA : Indonesia sees the rupiah trading on average within a range of 13,800 to 15,000 per dollar next year in its assumption for the 2023 state budget, deputy finance minister Suahasil Nazara told a government coordinating meeting on Thursday.The government also expects the benchmark 10-year bond yiel

JAKARTA : Indonesia sees the rupiah trading on average within a range of 13,800 to 15,000 per dollar next year in its assumption for the 2023 state budget, deputy finance minister Suahasil Nazara told a government coordinating meeting on Thursday.

The government also expects the benchmark 10-year bond yields to trade within a range of 6.65 per cent-7.77 per cent in 2023, he said. The rupiah traded at 14,347 a dollar at 0442 GMT, while the 10-year note yield was at 6.983 per cent.

 

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