Indonesian Rupiah Weakens as Bank Indonesia Governor Perry Warjiyo ...
11 Articles
11 Articles
The rupiah exchange rate weakened by 61 points or 0.34 percent to Rp 18,070 per US dollar on Tuesday morning.
Warjiyo's Departure Raises Scrutiny of BI Policy, Analysts Say
The rupiah exchange rate became the currency with the deepest weakening in Asia on Tuesday's trading (28.7) as the United States (US) dollar strengthened. The...
Mirae Sekuritas assesses that the BI leadership transition has the potential to increase market uncertainty. The rupiah and bonds are expected to be under pressure during the BI leadership transition period. Mirae Sekuritas advises investors to adopt a more defensive strategy.
As of 9:02 a.m. WIB, the rupiah was trading at Rp 18,063 per US dollar, down 54 points, or 0.30 percent, from its previous level of Rp 18,009 per US dollar.
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