According to the latest data published by the Bank Indonesia (BI), the Indonesian central bank, the country’s current account deficit widened further in the fourth quarter of 2019. Key Details Indonesia reported an $8.1 billion (bln) current account deficit in October-December, equivalent to 2.84% of gross domestic product (GDP), from a 2.7% gap in the previous quarter. Q4 2019 balance of payments at $4.3 bln, vs. -$0.05 bln in Q3. Full-year 2019 balance of payments at $4.7 bln surplus vs. 2018’s deficit of $7.1 bln. Full-year 2019 current account balance was -2.72% of GDP, vs revised 2.94% deficit in 2018. USD/IDR sits at multi-day high Amid growing China coronavirus concerns and widening Indonesia’s current account deficit, the Indonesian rupiah remains on the offers so far this Monday. USD/IDR trades at 13,717, having posted a new three-day high at 13,722.50 in the last minutes. Markets look forward to the country’s Retail Trade report due later in the session ahead. Australia, Indonesia seal free trade deal – Associated Press FXStreet Indonesian Site – new domain! Access it at www.fxstreet-id.com USD/IDR Technical levels to watch 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 Gold Price Analysis: Retreats to 200-HMA, bearish candle on weekly chart FX Street 2 years According to the latest data published by the Bank Indonesia (BI), the Indonesian central bank, the country’s current account deficit widened further in the fourth quarter of 2019. Key Details Indonesia reported an $8.1 billion (bln) current account deficit in October-December, equivalent to 2.84% of gross domestic product (GDP), from a 2.7% gap in the previous quarter. Q4 2019 balance of payments at $4.3 bln, vs. -$0.05 bln in Q3. Full-year 2019 balance of payments at $4.7 bln surplus vs. 2018's deficit of $7.1 bln. Full-year 2019 current account balance was -2.72% of GDP, vs revised 2.94% deficit in 2018.… 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.
