Rupiah Shows Off to IDR 16,760 per US Dollar This Morning

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Jakarta, hitclubapk3 Indonesia

Exchange rate
rupiah
opened at IDR 16,760 per
US dollars
in market trading
spots
on Tuesday (23/12) morning.Garuda’s currency rose 17 points or strengthened 0.10 percent.
Asian currencies varied this morning, such as the Thai baht rose 0.11 percent, the Japanese yen rose 0.18 percent, and the Singapore dollar rose 0.010 percent.
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The South Korean won fell 0.25 percent and the Chinese yuan fell 0.06 percent.Meanwhile, the Philippine peso stagnated.
In the group of developed countries, the British pound strengthened 0.08 percent, the European euro rose 0.06 percent, the Swiss franc minus 0.10 percent, the Australian dollar rose 0.05 percent, and the Canadian dollar rose 0.03 percent.
Doo Financial Futures analyst Lukman Leong said the rupiah strengthened against the weakening US dollar due to rising expectations of an interest rate cut by the Fed in 2026.
“However, strengthening will be limited considering that the rupiah is still under pressure from the prospect of an interest cut by Bank Indonesia and concerns about the budget deficit,” Lukman said in
hitclubapk3Indonesia.com.
Today, he estimates the rupiah will move in the range of IDR 16,700 – IDR 16,800 per US dollar.
[Gambas:hitclubapk3 Video]
(fby/sfr)

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