Jakarta, hitclubapk3 Indonesia
—
Exchange rate
rupiah
opened at IDR 16,713 per
US dollars
in spot market trading on Friday (7/11) morning.Garuda’s currency fell 12 points or minus 0.07 percent.
Asian currencies are mixed this morning.The Hong Kong dollar rose 0.01 percent, the Singapore dollar minus 0.08 percent, the Malaysian ringgit rose 0.09 percent, the Philippine peso fell 0.24 percent, and the South Korean won fell 0.07 percent.
Meanwhile, strengthening was experienced by the Thai baht which rose 0.06 percent and the Japanese yen minus 0.08 percent.
ADVERTISEMENT
SCROLL TO CONTINUE WITH CONTENT
On the other hand, the main currencies of dominant developed countries opened weakly.The British pound fell 0.5 percent, the European euro weakened 0.07 percent, the Swiss franc minus 0.05 percent, the Australian dollar minus 0.27 percent, and the Canadian dollar fell 0.03 percent.
Doo Financial Futures analyst Lukman Leong said that even though it was weakening, the rupiah still had the potential to strengthen against the US dollar which was corrected after the US employment data report was weaker than expected.
“However, the strengthening is expected to be limited, investors are waiting for data on Indonesia’s foreign exchange reserves this afternoon,” he said
hitclubapk3Indonesia.com.
He estimates that the rupiah today will move in the range of IDR 16,650-IDR 16,750 per US dollar.
[Gambas:hitclubapk3 Video]
(fby/pta)
