Rupiah Strengthens over Positive Domestic News

Analysts project the rupiah exchange rate to strengthen again this week, supported by positive domestic news.

It is estimated that the rupiah will be in the support range of Rp13,595 and a resistance level of Rp13,448 per US dollar, Binaartha Securitas analyst Reza Priyambada said in Jakarta, Sunday, 8 October.

The rupiah appreciation is followed by the US dollars strengthening; hence there is a possibility for reversal. Reza projected the dollar gain will not be not too significant—allowing the rupiah to keep its uptrend next week.

In the Bank Indonesia website, the rupiah middle exchange rate at the end of last week was Rp13.485 per US dollar.

Reza said investors should be on the lookout for various sentiments that may hinder the rupiah from gaining further. The main risk to watch for this week is the release of economic reports.

Last week, the rupiah weakened to Rp13,585 per US dollar. The rupiah last week moved between the support level of Rp13.625 and the resistance level of Rp13,300 per US dollar.



Source :

Oct 28, 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.