Rupiah Opens at Rp 16,505/US$ (Tuesday, March 24)
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The Indonesian Rupiah opened stronger on Tuesday (March 24th), trading at Rp 16,505/US$, compared to Rp 16,575/US$ at the close of trading on Monday (March 23rd). Citing Bloomberg, most Asian currencies also strengthened.
The Japanese Yen strengthened by 0.78%, the Singapore Dollar by 0.23%, the Taiwan Dollar by 0.25%, and the South Korean Won by 0.73%. Other currencies that strengthened include the Philippine Peso (0.49%), the Chinese Yuan (0.19%), and the Malaysian Ringgit (0.42%). Meanwhile, only the Indian Rupee weakened (1.46%) and the Thai Baht (0.05%).
"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."
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