Jakarta, cartitleloans Indonesia
–
Rupiah exchange rate
perched at Rp16,428 per
US dollar
on Friday (12/9) morning.
Garuda currency rose 33.5 points or 0.20 percent of the previous trade.
The currency in the Asian region moves varies.Yen Japan fell 0.13 percent, Baht Thailand gained 0.07 percent, Yuan China fell 0.02 percent, the Philippine peso rose 0.10 percent, and South Korea Won weakened 0.03 percent.
The Singapore dollar also fell 0.06 percent and the Hong Kong dollar strengthened 0.04 percent at the opening of trading this morning.
Meanwhile, the main currency of developed countries is in the red zone.European Euro weakened 0.08 percent, British pounds fell 0.13 percent, and Swiss francs weakened 0.11 percent.
Meanwhile, the Australian dollar weakened 0.03 percent, and the Canadian dollar also weakened 0.10 percent.
Currency Analyst Doo Financial Futures Lukman Leong estimates that the rupiah strengthens after the US economy data, such as inflation and unemployment which is released higher than estimates.
“The rupiah is expected to strengthen against the US dollar which weakens after US inflation data which, although slightly higher than estimates, has been a lot of unemployment claims that are much higher than estimates, increasing the prospects for cutting interest rates by The Fed,” Lukman told cartitleloansIndonesia.com.
Today, Lukman estimates that the rupiah will move in the range of Rp16,350 per US dollar – Rp16,500 per US dollar.
[Gambas: cartitleloans video]
(LDY/AGT)
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