USD/IDR: Indonesian rupiah trims losses despite awful Indonesian Trade data

According to the latest trade data published by the Indonesian Statistics Bureau, the country posted a bigger-than-expected trade deficit in April.

Indonesia reported a trade surplus of $-0.35 billion vs. $0.74 billion expected and $-0.20 billion previous. The imports and exports came in at -18.58% and -7.0% respectively vs. -12.73% and -2.70% expectations and -0.75% and -0.20% respective priors.

more to come ...