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Menampilkan postingan dengan label Rupiah

The Rupiah Drops By The US Dollar, Becoming To Rp. 14,610

PojokNasional . The exchange rate of the United States dollar (US) against the rupiah this morning experienced a strengthening. The US dollar is at the level of Rp. 14,610. Citing Reuters trade data on Tuesday, the US dollar was at its highest level of Rp. 14,615 and its lowest level was Rp. 14,560. The strengthening of the US dollar against the rupiah has continued to occur lately. Not only the rupiah, other developing country currencies were also affected by the strengthening of the US dollar. Head of Research at Samuel Asset Management Lana Soelistianingsih said Bank Indonesia (BI) needed to intervene so that the rupiah exchange rate would not fall back. Moreover, currently foreign exchange reserves have increased by US $ 20 billion from the previous month. "BI needs to intervene so that the rupiah strengthens. Moreover, our foreign exchange reserves have increased from yesterday's release," Lana explained, the intervention was carried out so that the rupiah did not re...

Effects of the Weakening of the Rupiah Dragging the JCI to the Red Zone

RakyatUtama . The Composite Stock Price Index (CSPI) is predicted to move in the red zone on Monday's trade. The weakening rupiah exchange rate against the US dollar (US) was the trigger. Based on RTI Infocom data, the rupiah in the past week weakened by 1.7 percent. Previously the rupiah had been in the area of ​​Rp. 14,200 per US dollar, now the rupiah has weakened in the area of ​​Rp. 14,400 per US dollar. "The JCI is predicted to weaken, supporting 6,085-6,105 resistance 6,143-6,161," said Analyst Artha Sekuritas Dennies Christopher Jordan, as quoted from his research on Sunday. In addition, Dennies said the JCI in today's trade will experience pressure from technical factors. JCI movement that has touched the overbought area is expected to weigh on the index movement. "There is potential for weakness in the short term," Dennies explained. But, Indosurya Analyst Shining Securities William Surya Wijaya estimates that the JCI will continue its strengthenin...

The Rupiah Plummeted to IDR 14,615 per US Dollar, Lack of Strong Drugs

ChannelRakyat . The rupiah exchange rate was in the position of Rp14,615 per US dollar (US) in spot market trading this Tuesday morning. This position weakened 62 points or 0.43 percent compared to Monday at Rp14,553 per US dollar. In line with the rupiah, several Asian currencies also weakened from the US dollar. The South Korean won weakened 0.3 percent, the Malaysian ringgit was minus 0.19 percent, the Philippine peso was minus 0.17 percent, and the Singapore dollar was minus 0.02 percent. However, several other currencies managed to park in the green zone, as the Hong Kong dollar rose 0.02 percent, the Thai baht was 0.12 percent, and the Japanese yen was 0.25 percent. The same goes for the major currencies of developed countries, some of which rose from the US dollar, such as the Swiss franc 0.14 percent, British pound 0.06 percent, European euro 0.05 percent, and Russian ruble 0.04 percent. However, the Australian dollar weakened 0.03 percent and the Canadian dollar was minus 0.03...