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Jakarta – This morning, the exchange rate of the US dollar is significantly weakened compared to the rupee. The exchange rate of the US dollar is estimated at 14,379 Rp. Yesterday, the US dollar was still at the level of 14,520 rupees.
So quoted commercial data ReutersThursday (28/11/2018). The US dollar is trading at 14,523 rupees to 14,363 rupees.
The Governor of Bank of Indonesia (BI) Perry Warjiyo said throughout 2018 that the exchange rate of the rupee had decreased against the US dollar.
"Even though there is still a pressure of depreciation, the rupee's exchange rate is relatively well maintained in 2018 and has recently strengthened," Perry said at the annual meeting. Bank of Indonesia (PTBI) at CPC, South Jakarta, Tuesday (11/27/2018).
According to Perry, the stable exchange rate of the rupee against the US dollar was supported by a reduction in the current account deficit to a more secure level.
In addition, maintaining the stability of the financial system and the acceleration of bank credit growth that continued in 2019 also had a positive impact on the rupee exchange rate.
"In 2019, we expect the rupee movement to evolve steadily according to the market mechanism," he said. (zlf / fig)
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