Friday Morning, Rupiah Strengthens to IDR13,325 per US Dollar
Rupiah was trading stronger by 14 points from IDR13,339 to IDR13,325 per US dollar in Jakarta inter-bank market, Friday (9/22/2017) morning.

Rupiahs positive movement was following the Feds policy to maintain its benchmark interest rate, Binaartha Sekuritas analyst, Reza Priyambada, said (9/22/2017), Friday in Jakarta.

However, the strengthening of the rupiah is relatively limited following the Feds hawkish statement of interest rate increase at the end of this year, Priyambada said.

In addition, the Fed will also conduct bond reduction program, causing the US dollars supply in the market to be reduced, he added.

He expects that Indonesia, which has investment grade ratings from three international rating agencies, namely Moodys, Fitchs and Standard and Poors (S & P), can maintain the performance of domestic bonds.

It is expected that the investment grade rating sentiment can maintain investors optimism towards Indonesia so that the rupiah rate may continue appreciation, he said.

Lana Soelistianingsih, economist from Samuel Aset Manajemen, added that the results of the Fed meeting on September 20, decided the Fed Fund Rate (FFR) remained at 1.25-1.5 percent but signaling would soon reduce its balance position starting next October by USD4,5 billion.

In addition to reducing its balance sheet, the Fed is expected to still raise the fund rates once again in 2017. The Fed governor signals the US economy will continue to strengthen, she added.

Source : Netral English

Sept 23, 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.