Indonesia Intervenes to Support IDR as Iran War Hits EM Assets  Bloomberg

Emerging market currencies are demonstrating increased stability compared to G-7 nations, driven by carry trade and commodities, as EM assets and the offshore Yuan strengthen.

The Romanian leu has fallen to a two-week low as markets anticipate a rate decision, while other emerging market assets remain flat.

The U.S. dollar experienced a modest increase in value during a period of reduced trading activity due to holidays.