Rupiah Submits at IDR 16,750 per US Dollar Impacted by BI Interest Rate Sentiment

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Jakarta, hitclubapk3 Indonesia

Exchange rate
rupiah
closed at IDR 16,750 per
US dollars
on Friday (19/12).Garuda’s currency weakened 27 points or minus 0.16 percent compared to the previous trading close.
Meanwhile, the Bank Indonesia (BI) Jakarta Interbank Spot Dollar Rate (Jisdor) reference rate put the rupiah at IDR 16,735 per US dollar in trading this afternoon.
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Almost all Asian currencies were sluggish this afternoon.The Hong Kong dollar fell 0.01 percent, the Thai baht fell 0.17 percent, the Singapore dollar fell 0.19 percent, the Philippine peso fell 0.26 percent, the South Korean won minus 0.37 percent, and the Japanese yen fell 0.85 percent.
Meanwhile, the Indian rupee rose 0.06 percent and the Malaysian ringgit rose 0.25 percent.On the other hand, the Chinese yuan is stuck.
The currencies of developed countries even closed lower.The British pound fell 0.07 percent, the European euro minus 0.09 percent, the Swiss franc fell 0.16 percent, the Canadian dollar fell 0.09 percent, and the Australian dollar wilted 0.19 percent.
Doo Financial Futures analyst Lukman Leong said the rupiah failed to hold back its strengthening against the US dollar.The reason is, the rebound occurred in Uncle Sam’s country following investors’ doubts about US inflation figures.
“The Rupiah also continues to be under pressure from the prospect of a cut in Bank Indonesia (BI) interest rates,” he said
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