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...