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The Indonesian rupiah continued its upward trend against the US dollar, last quoted at 17,870.

2026-07-22

The Indonesian rupiah continued its upward trend against the US dollar, last quoted at 17,870.

Other News
2026-07-22

Hong Kong tech names slipped: NetEase-S (09999.HK) down more than 5%, Tencent Holdings (00700.HK) nearly 5% lower, Bilibili (09626.HK) off over 3%; Xiaomi (01810.HK), Tencent Music (01698.HK), Kuaishou (01024.HK), Alibaba (09988.HK) and Baidu (09888.

Hong Kong tech names slipped: NetEase-S (09999.HK) down more than 5%, Tencent Holdings (00700.HK) nearly 5% lower, Bilibili (09626.HK) off over 3%; Xiaomi (01810.HK), Tencent Music (01698.HK), Kuaishou (01024.HK), Alibaba (09988.HK) and Baidu (09888.HK) also declined.
2026-07-22

Japan's imports rose 25.4% YoY in June to a record ¥11.3 tln (~$69.3 bln), above the 21% consensus and the fastest pace since Nov 2022. Crude oil import volumes fell 13.7% YoY but import values jumped 59.3% YoY and yen-denominated unit prices hit a r

Japan's imports rose 25.4% YoY in June to a record ¥11.3 tln (~$69.3 bln), above the 21% consensus and the fastest pace since Nov 2022. Crude oil import volumes fell 13.7% YoY but import values jumped 59.3% YoY and yen-denominated unit prices hit a record high, signaling inflation pressures are driven more by exchange-rate effects than demand. That implies yen appreciation would do more to ease import-cost pressure than near-term changes in oil demand. On the export side, AI-related data‑center demand is providing growth support that could offset some inflation risk. The combination points to a BOJ preference for cautious, gradual tightening rather than abrupt policy tightening; markets expect the BOJ to hold rates next week while retaining a tightening bias.
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