Rupiah Opens Stronger at Rp 13,984/US$ (December 20)

Economics & Macro

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Dwi Hadya Jayani 20/12/2019 10:35 WIB

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The Indonesian Rupiah strengthened at the end of the week, Friday (December 20th), reaching Rp 13,984 per US$.

Indonesian Rupiah Exchange Rate against the US Dollar, October 13-20, 2019

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Rupiah Opens Stronger at Rp 13,984/US$ (December 20)

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Indonesian Rupiah Exchange Rate against the US Dollar, October 13-20, 2019

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The Indonesian Rupiah opened stronger by one point, reaching Rp 13,984 per US dollar. However, it weakened again, approaching the Rp 14,000 per US dollar level.

Quoting Bloomberg, the US dollar index rose 0.06% to 97.43 by 09:20 WIB. Meanwhile, the Rupiah weakened 0.06% to Rp 13,994 per US dollar.

Several Asian currencies also weakened, including the Singapore dollar (0.02%), Hong Kong dollar (0.07%), Taiwan dollar (one point), and Indian rupee (0.1%). Conversely, some strengthened, such as the Japanese Yen (0.05%), South Korean Won (0.11%), Philippine Peso (0.11%), Chinese Yuan (0.03%), Malaysian Ringgit (one point), and Thai Baht (0.02%).

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."