EXCHANGE OF 2-JULY RUPIAH: Low point of 63 points at 14,393



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Rupiah – MediumTermNotes.com

Bisnis.com JAKARTA- The rupiah exchange rate on the spot market closed up 64 points or 0.44% to 14.330 Rp per US dollar on Friday (29 /6 /2018).

The weekend was marked by a 50 basis point rise in interest rates of Bank Indonesia to 5.25% at Friday's meeting (29/6 / 2018), the third increase in six weeks.

(JCI)

The composite index of equity prices closed up 2.33% or 131.92 points to 5,799.24 on Friday (29/6/2018). [19659003] Meanwhile, Monday (2/7/2018), the Central Bureau of Statistics will publish the inflation figures in June

How is the rupee movement in trade today? ? Take the tour live.

13:49 WIB

The rupee has weakened 63 points or 0.44% to 14,393 Rpas for a US dollar while JCI moves at the beginning of Session II today, Monday (07 / 02/2018). [19659009] 12:12 WIB

Rupiah exchange rate on the spot market fell 0.60% or 42 points to 14.390 Rp per US dollar

12:01 WIB

Consumer price index in June 2018 0.59% with the main trigger of the air transport tariff

The calendar year inflation reached 1.9% and annual inflation of 3.12%.

Following the Central Bureau of Statistics (BPS) in 82 cities, all of Indonesia experienced inflation. The highest inflation was recorded in Tarakan with 2.71% and the lowest inflation in Medan and Pekanbaru by 0.01%.

The head of SPB Suhariyanto said that inflation coinciding with Idul Fitri is lower inflation at the same time. "The causes of inflation were 0.59%, namely transport, communication, financial services and food," he said at a press conference Monday ( 2/7). /2018).

In the BPS note, the food inflation has reached 0.19%. Commodities include fresh fish with a 0.08% share, caused by bad weather in the east of Indonesia, so fishermen do not dare to go to sea and exhaust their supply.

According to Suhariyanto, it is normal because the demand for each Idul Fitri always increases.

An increase in demand is observed in 61 cities in Indonesia

"But its contribution is 0.03%, relatively under control," he said. recorded the basic commodities of beef, long beans, cayenne pepper, onion and coconut with a slight contribution of 0.01%.

Lower food prices in some products including chicken eggs and red pepper with 0.03% deflation. Rice and onions contributed 0.01%

The inflationary cause of June 2018 was triggered by an increase in inflation of prices set by the government, air transport tariffs experiencing inflation reaching 0.15%. Suhariyanto explained that the trigger is a long feast and the return home ritual that increases demand for airline tickets.

Thereafter, intercity fares experienced an inflation of 0.08% and trains of 0.01%

2018 is mainly due to inflation administered prices of 1.38% with a share of 0.28%, "he continued.

In general, Suhariyanto said that the inflation in Lebaran 2018 was quite controllable.The reason, the government and the bank from Indonesia (BI) have anticipated facing Lebaran.

Looking towards the future, BPS reminded to be wary of the possibility of high inflation in December 2018 coinciding with the Christmas holidays and New Year's Day

The exchange rate of the rupiah on the spot market fell by 0.13% or 19 points to 14.349 Rp per US dollar.

11:03 WIB

On the other hand, according to Bloomberg data, the rupee was down 19 or for its part, the movement of the US dollar index, which follows the movement of the greenback against a basket of major currencies, gained 0.26% or 0.248 point to 94.718 over the same period. (19659003) Previously, the dollar index opened 0.17% or 0.156 point at 94.718, after Friday's trading (29/6) closed down 0.88% or 0.84 points at 94 470.

09:43 WIB

The exchange rate of the rupiah on the spot market fell by 0.08% or 12 points to the level of 14.342 Rp per US dollar.

09:06 WIB

The exchange rate of the rupee in the spot market increased by 0.03% or 5 points to the level of 14.325 Rp per US dollar

08:45 WIB

The US dollar index is up 0.24% or 0.231 points to 94.701.

07:37 WIB

The Central Bureau of Statistics (BPS) will publish today the inflation figures for June 2018.

On the BPS page mentioned, the head of the BPS Suhariyanto will announce the inflation figures in June 2018 that day, 11.00 WIB

The BPS chief will present it to the press of the BPS building located in Jalan Dr. The economic data released by BPS this afternoon are:

  • Development of the consumer price index (inflation) June 2018
  • Index of major trade prices June 2018
  • Evolution of the farm exchange rate and the price of grain June 2018 [19659049] The development of tourism and transport in May 2018

As is known, BPS announced an inflation rate of 0.21% in May 2018, while inflation in 2018 reached 1 , 3% and annual inflation 3.23%.

The results were obtained from the surveillance of the Central Bureau of Statistics (BPS) in 82 cities of Indonesia. According to the BPS data, 65 cities experienced inflation and 17 cities recorded deflation.

BPS reveals a monthly inflation rate of 0.21% and an annual inflation rate of 3.23% the lowest of Ramadan 2016 and 2017.

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