
Jakarta, hitclubapk3 Indonesia
—
Exchange rate
rupiah
closed at Rp. 16,736 per
US dollars
in market trading
spots
on Monday (17/11) afternoon.Garuda’s currency fell 29 points or minus 0.17 percent.
Meanwhile, the Bank Indonesia (BI) Jakarta Interbank Spot Dollar Rate (Jisdor) reference rate places the rupiah at IDR 16,734 per US dollar.
ADVERTISEMENT
SCROLL TO CONTINUE WITH CONTENT
The majority of Asian currencies fell.The Japanese yen fell 0.1 percent, the Malaysian ringgit fell 0.46 percent, the Singapore dollar minus 0.15 percent, and the South Korean won fell 0.31 percent.Meanwhile, the Philippine peso rose 0.14 percent and the Thai baht rose 0.07 percent.
Likewise, the currencies of the majority of developed countries weakened.The European euro fell 0.06 percent, the Australian dollar minus 0.05 percent, and the Canadian dollar fell 0.02 percent.Meanwhile, the Swiss franc rose 0.2 percent.
Doo Financial Futures analyst Lukman Leong said the rupiah weakened against the US dollar, pressured by the decreasing prospect of an interest rate cut by the Fed.
“On the contrary, investors are actually anticipating a cut in interest rates at the BI Board of Governors Meeting this Wednesday and there is a big opportunity for cuts in the future,” he said to
hitclubapk3Indonesia.com.
[Gambas:hitclubapk3 Video]
(fby/sfr)
Read More: Hurricane Claudia Hits Portugal to England, 3 People Killed
Read More: 153 Gaza Residents Mysteriously Arrived in South Africa Allegedly Expelled by Israel



