US Dollar Under Pressure, Rupiah Exchange Rate Rises Slightly
On trade opening, Thursday (8/10/2017), the rupiah exchange rate against the US dollar moves in the green zone.

The rupiah is traded slightly higher by five points to IDR13,327 from the previous position of IDR13,332 against the dollar.

The dollar is under pressure against the majority of global currencies, including the rupiah amid lack of opportunities for the US central bank to raise its benchmark rates.

US President Donald Trump, who is increasingly focused on geopolitical affairs on the Korean peninsula makes pessimistic against fiscal stimulus. The situation undermines the chances of a The Fed Fund Rate hike that will ultimately have a negative impact on the US dollar, said economist Samuel Sekuritas Rangga Cipta.

Domestically, he added, the sentiment is also considered positive following the activity in the Government Bond market which increased so requesting rupiah appreciation to continue.

Expectations of monetary easing in the country also increased following inflation rate in August 2017 which is expected to be lower as well as improved retail sales in July 2017 to support additional factors.

Bank Indonesia recorded a real sales index (IPR) of the June 2017 Retail Sales Survey rose 6.3 percent year-on-year, higher than 4.3 percent YOY in the previous month. Increased retail sales occurred in both food and non-food groups.

Source :netralnews

Aug 12, 2017

Bank note current rate:
  currency buy sell
USD 15,475 0
AUD 10,125 0
HKD 1,850 0
SGD 11,350 0
MYR 3,050 0
CAD 11,200 0
GBP 19,650 0
EURO 16,825 0
SFR 17,050 0
YEN 97.50 0
NZD 9,250 0
THB 350 0
NT 375 0
WON 9 0
DKK 1,925 0
SEK 1,125 0
BND 11,050 0
NOK 1,125 0
SAR 3,700 0
PHP 200 0
RMB 2,050 0
INR 125 0
RUB 85 0
AED 3,750 0
VND 0.42 0
   Last Updated :18 May 2024 - 10:24 AM
These are indicative rates. For actual exchange rates, please visit or call our outlets at (0361) 4741 940. We reserve the right to change the rates at any time without prior notice.
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