Rupiah up slightly to Rp13,345/dollar on Friday
The Indonesian rupiah rose slightly by three points to close at Rp13,343 against the dollar in the Jakarta inter-bank spot market, Friday evening, compared with the previous closing of Rp13,346.

The exchange rate of the worlds major currencies, including the rupiah, tends to be flat against the US dollar, (as investors) are waiting for the result of the meeting between the global central banks in Jackson Hole by the end of this week, Platon Niaga Berjangka analyst Lukman Leong said here, Friday.

In general, market players are waiting for a signal for the meeting, which may encourage the global economy to become better. One of the much-awaited policies is related to the Fed rate, he affirmed.

Market consensus on the Fed rate hike is still divided. However, the majority of observers have concluded that there will be no interest hike until the end of this year, he stated.

Judging by the situation, the movement of the US dollar will tend to be flat. Therefore, the rupiah will have the chance to appreciate against the dollar.

He noted the Indonesian economy performed quite well when the inflation rate could be kept under control. The controllable inflation rate can improve the peoples purchasing power, which will eventually maintain the national economic growth, he remarked.

Source: Antaranews.com

Aug 26, 2017


 
Bank note current rate:
  currency buy sell
GBP 18,850 19,150
AUD 10,525 10,740
HKD 1,691 1,752
USD 13,500 13,700
MYR 3,425 3,510
CAD 10,550 10,825
SGD 10,150 10,400
EURO 16,650 16,850
SFR 14,400 14,650
YEN 126 128.30
NZD 9,800 10,000
THB 421 443
NT 446 476
WON 11.77 12.75
DKK 2,130 2,265
SEK 1,595 1,685
BND 10,100 10,400
NOK 1,658 1,740
SAR 3,488 3,655
PHP 245 265
RMB 2,066 2,163
INR 163 211
RUB 182 242
AED 3,587 3,730
   Last Updated :24 Feb 2018 - 09:35 AM
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.