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Political Uncertainty Impact: The Indonesian rupiah's outlook is influenced by political uncertainty, mixed macroeconomic fundamentals, and supportive policy measures, according to MUFG Bank's Lloyd Chan.
Market Sentiment and Projections: Street protests have negatively affected market sentiment, but improved law enforcement has helped stabilize the situation; if conditions remain stable, the rupiah is expected to strengthen to 16,140 against the dollar by year-end.
