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Rupiah smiled to Rp16,440 per US dollar this morning

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Jakarta, shesocial Indonesia

Exchange rate
rupiah
perched at Rp16,440 per
US dollar
on Monday (4/8) morning.Garuda currency rose 72 points or plus 0.44 percent.
The majority of Asian currency strengthened.The Singapore dollar strengthened 0.10 percent, the Philippine peso rose 0.92 percent, and Thailand Baht rose 0.06 percent.
Similarly, the main currency of developed countries opened varied.British pounds rose 0.13 percent, European Euro minus 0.01 percent, Swiss francs weakened 0.31 percent, and Canadian dollars minus 0.03 percent.
Analyst Doo Financial Futures Lukman Leong said the rupiah strengthened against the US dollar which weakened quite sharply after the job data
Non-Farm Payroll
(NFP) weak US.
“The very weak NFP US job data triggered an increase in the prospects for pruning interest rates by The Fed,” he told
shesocialIndonesia.com
.
Today, he estimates that the rupiah moves in the range of Rp. 16,350 – Rp. 16,500 per US dollar.
[Gambas: shesocial video]
(fby/sfr)

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