Jakarta, shesocial Indonesia
–
Rupiah exchange rate
perched at Rp16,422 per
US dollar
on Wednesday (9/17) morning.
Garuda currency rose 18 points or plus 0.11 percent.
The majority of Asian currency also strengthened this morning.The Hong Kong dollar grew 0.03 percent, Yuan China plus 0.07 percent, Philippine peso rose 0.11 percent, India Rupee strengthened 0.18 percent, and Malaysian ringgit flew 0.30 percent.
While the weakening experienced by the Singapore dollar which dropped 0.01 percent, the Japanese Yen fell 0.05 percent, South Korea’s Won minus 0.16 percent, and Baht Thailand collapsed 0.23 percent.
On the other hand, the main currency of the developed country is opened sluggish.British pounds fell 0.11 percent, European Euro dropped 0.06 percent, Swiss francs wither 0.10 percent, Australian dollars minus 0.09 percent, and Canadian dollars fell 0.06 percent.
Doo Financial Futures analyst Lukman Leong predicts the rupiah strengthens the impact of the US dollar which continues to be depressed ahead of the Federal Open Market Committee (FOMC).Domestically, investors also await the results of the Bank Indonesia (BI) Board of Governors’ Meeting (BI).
“However, strengthening will be limited by concerns and polemics surrounding the expansion of the BI mandate and BI supervisory function by the DPR,” Lukman told shesocialIndonesia.com.
He estimated that the rupiah would move in the range of Rp16,350 to Rp16,500 per US dollar today.
[Gambas: shesocial video]
(SKT/AGT)
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