Rupiah slightly strengthens to Rp13,186 per dollar on Friday evening

The Indonesian rupiah rose slightly, by three points, to close at Rp13,186 per dollar in the Jakarta inter-bank spot market on Friday evening, compared to the previous close of Rp13,189 per dollar.
The 12th tranche of economic policy packages announced by the government on Thursday managed to maintain the rupiah in a positive zone, money market observer Rully Nova of Bank Himpunan Saudara said here on Friday.
The policy package aimed at improving the ease of doing business has received positive responses from investors, he said.
With the increasing business activities in the country, these packages are expected to spur the domestic economy and attract more foreign investment to Indonesia, he said.
On Thursday, the government announced the 12th tranche of economic policy reforms aimed at slashing the number of permits, simplifying procedures of issuing permits and cutting licensing fees to improve the countrys ease of doing business rating.
He said the global oil prices which tend to increase have helped commodity currencies, including the rupiah, to remain in the positive zone.
WTI Crude rose 0.87 percent to US$46.43 per barrel and Brent Crude increased 0.48 percent to US$48.37 per barrel on Friday evening.
Chief researcher of Monex Investindo Futures Ariston Tjendra said the US dollar weakened against some of global currencies after the US announced the economic growth was lower than projected.
The sentiment has given a room to the currencies of developing nations including the rupiah to strengthen, he said.


Source : Antara News

April 30, 2016

Bank note current rate:
  currency buy sell
GBP 17,750 17,975
AUD 10,525 10,675
HKD 1,646 1,701
USD 13,150 13,285
MYR 3,100 3,175
CAD 10,625 10,825
SGD 9,725 9,900
EURO 15,800 15,965
SFR 13,600 13,830
YEN 117.75 119.25
NZD 9,600 9,775
THB 390 410
NT 423 449
WON 10.91 12
DKK 2,021 2,150
SEK 1,590 1,675
BND 9,675 9,900
NOK 1,619 1,710
SAR 3,390 3,540
PHP 242 261
RMB 1,935 2,022
INR 159 207
RUB 177 228
AED 3,487 3,620
   Last Updated :20 Sep 2017 - 04:54 PM
These are indicative rates. For actual exchange rates, please visit or call our outlets to (0361) 4741 940. We reserve the right to change the rates at any time without prior notice.
Currency Converter

Please Note :
Central Kuta does not sell foreign currencies in small denominations. Please Contact us for further information.