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 17,775 17,990
AUD 10,150 10,315
HKD 1,676 1,732
USD 13,350 13,530
MYR 3,225 3,285
CAD 10,450 10,635
SGD 9,875 10,060
EURO 15,850 16,040
SFR 13,575 13,785
YEN 119.50 121.55
NZD 9,125 9,315
THB 401 422
NT 431 459
WON 11.59 12.75
DKK 2,033 2,155
SEK 1,553 1,630
BND 9,825 10,060
NOK 1,581 1,665
SAR 3,451 3,610
PHP 248 267
RMB 1,971 2,053
INR 161 209
RUB 180 231
AED 3,549 3,685
   Last Updated :24 Nov 2017 - 04:56 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.