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Jakarta, CNN Indonesia – Exchange Rates rupiah in the position of Rp14,534 for a dollar United States (United States) trading in the spot market this morning, Wednesday (11/28). This position is weakened by 18 points or 0.13% compared to yesterday afternoon, Tuesday (11/27) to 14,515 rupees for American dollar.
In the Asian region, only the Japanese yen rose 0.01%, while the Hong Kong dollar stagnated and most currencies weakened again against the US dollar.
Philippine peso minus 0.3%, South Korean won minus 0.18%, Malaysian ringgit minus 0.13%, Singapore dollar minus 0.07% and Thai baht minus 0.05%.
Similarly, with the major currencies of developed countries, the majority is in the red zone. The Canadian dollar weakened by 0.11%, the British pound was minus 0.06%, the Swiss franc was minus 0.05% and the Russian ruble minus 0.03%.
Only the euro Europe and the Australian dollar managed to be in the green zone, with respective gains of 0.01% and 0.02% against the US dollar.
CSA Research Institute badyst, Reza Priyambada, predicts that the weakening of the rupiah will continue today because of the sentiment of the trade war that pits the United States against China again.
The reason, the President of the United States, Donald Trump, again showed that he was not going to relax with China with regard to the determination of tariff rates in the US. import on products imported from the country of the bamboo curtain.
"The movement of the US dollar has increased, so it was enough to suppress the rupee's movement, even if the rupee's level was still below 15,000 rupees per US dollar, but that did not mean that It was safe and that it could again weaken, "he said.
At the same time, the country's positive sentiment in the form of increased bond yields and positive statements by the Bank of Indonesia (BI) failed to support the movement of Garuda's currency.
(uli / lav)
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