USD/IDR is a currency pair on the foreign exchange market that represents the exchange rate between the United States Dollar (USD) and the Indonesian Rupiah (IDR). This exotic currency pair measures how many Indonesian Rupiahs are needed to purchase one US Dollar.
USD/IDR's relationship is largely driven by economic factors such as inflation rates, interest rates and geopolitical events. Changes in these factors can affect the pair’s value. Indonesia's economy relies heavily on exports, so any significant shifts in global trade dynamics can impact the value of IDR.
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