According to the latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, Indonesia’s retail sales rose 2.4% on the year in July vs. a 1.8% drop seen in June. The survey predicted retail sales would rise 3.7% on an annual basis in July, in the wake of the country’s independence day, Reuters reports. Retail sales were mainly backed by the sales of automotive spare parts and accessories as well as food, beverages, and tobacco. The Indonesian Rupiah (IDR) remains on the front foot for the fourth straight session today, with USD/IDR wavering just ahead of the 14,000 level, modestly flat on the day. The cross hit fresh six-week lows of 14,024 in early dealings this Tuesday. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/JPY technical analysis: Closed above 50-day MA for the first time since May 3 FX Street 4 years According to the latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, Indonesia's retail sales rose 2.4% on the year in July vs. a 1.8% drop seen in June. The survey predicted retail sales would rise 3.7% on an annual basis in July, in the wake of the country's independence day, Reuters reports. Retail sales were mainly backed by the sales of automotive spare parts and accessories as well as food, beverages, and tobacco. The Indonesian Rupiah (IDR) remains on the front foot for the fourth straight session today, with USD/IDR wavering just ahead of the 14,000 level,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
