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Ibrahim, badyst and chief executive officer of PT Garuda Berjangka sees rupiah will strengthen again today This is because the Central Bureau of Statistics (BPS) will release inflation data in June 2018.
"Inflation should remain low, thus strengthening the rupee," he said. declared Monday at CNNIndonesia.com (2/7).
Reza Priyambada, badyst at Binaartha Sekuritas, said that the rupee also has a chance to strengthen because the strengthening of the European euro that happened because of the EU has accepted the settlement of the immigrant crisis in Continental Blue.
Under the agreement, the burden of refugee settlements will be shared equally among member states. Then, the EU will also seek to establish immigration centers in countries outside Europe.
"This should make a positive contribution to the rupee movement, with the Rupiah moving at a support band of 14.368 Rp for one US dollar and a resistance of 14.295 Rp for one US dollar," he said.
Last week, the rupee was strengthened thanks to a decision by Bank Indonesia (BI) that raised the interest rate from 50 basis points (bps) to 5.25% .
In Asia, the majority of currencies weaken against the US dollar. From the South Korean won less 0.15%, the Singapore dollar minus 0.12%, the Japanese yen minus 0.09% and the Hong Kong dollar minus 0.01%.
Meanwhile, the Thai baht and the Malaysian ringgit each weakened 0.04% and 0.05%. While the Russian ruble lost 0.35%, the Canadian dollar minus 0.18%, the Australian dollar minus 0.18%, the euro Europe minus 0.16%, the pound sterling minus 0.11% and the Swiss franc less 0, 08%
(beer)
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