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QRIS-China QR link is two-way, but runs 205-to-1 inbound

Indonesia's QRIS cross-border link with China settles both ways, but Bank Indonesia sandbox data shows 205 inbound payments for every outbound one.

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EUR/USD 1.16427 +0.12%
GBP/USD 1.33715 -0.08%
XAU/USD 4,581.885 +0.24%
BTC/USD 80,879 -0.32%
ETH/USD 2,268 +0.18%
S&P 500 5,306.04 +0.28%

Editorial Hub

USD/JPY to 163.50 by September 30: intervention’s half-life

USD/JPY is 159.29 after the July 31 joint US-Japan intervention, retracing at 0.34 yen a session. Base case 163.50 by September 30, 2026; bear case 153.50.

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