Rupiah Opens Stronger at Rp 14,540 per US Dollar (Wednesday, August 5)

Economics & Macro

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Dwi Hadya Jayani 05/08/2020 09:37 WIB

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The Indonesian Rupiah opened stronger at Rp 14,540 per US dollar in Wednesday's (August 5th) trading, strengthening from Rp 14,625/US$ the previous day.

Indonesian Rupiah Exchange Rate against the US Dollar

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Rupiah Opens Stronger at Rp 14,540 per US Dollar (Wednesday, August 5)

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Indonesian Rupiah Exchange Rate against the US Dollar

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The Indonesian Rupiah opened stronger at Rp 14,540 per US dollar on Wednesday (August 5th), strengthening from Rp 14,625/US$ the previous day. Quoting Bloomberg, as of 09:15, most Asian currencies also strengthened.

Besides the Rupiah, the currencies that strengthened the most were the Taiwan dollar (0.32%), the South Korean won (0.29%), and the Malaysian ringgit (0.24%). Meanwhile, only the Indian rupee weakened (0.05%). The Hong Kong dollar remained stagnant.

Editor : Safrezi Fitra

"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."