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Rp17,992 per US Dollar Tuesday afternoon

Analysts call this strengthening in the middle of improving the risk sentiment in the domestic market, as they're concerned about the MSCI threat.

Rp17,992 per US Dollar Tuesday afternoon

The value of the rupiah exchange was shut down in Tuesday (20 / 10) afternoon trade. Garuda's currency is at Rp17,992 per U.S. dollar, rising 54 points or 0.30 percent of the previous trade.

China is 0.06 percent, Singapore dollar 0.09 percent, Japanese yen is 0.18 percent, South Korean won. Meanwhile, Hong Kong dollars move flat.

On the other hand, the Filipino pesos are down by 0.01 percent and Malaysia's range is depreciated 0.02 percent against US dollars.

Meanwhile, the major currency of the emerging state is hardening against the U.S. dollars, European Euros up 0.16 percent, British poundsterling 0.33 percent, Australia's therapy dollars .23 percent, Canadian dollars up 0.36 percent, and Swiss francs up 0.19 percent.

The currency analyst DOO Financial Futures Lukman Leong says the rupiah is closed tight in the midst of creating risk sentiments in the domestic market, as it becomes concerned about the threat of losing the Indonesian stock market classification.

"The Rupiah was shut down against US dollars in the midst of the risk@@

According to him, investors also anticipate the possibility of the Indonesian Bank (BI) raising interest rates in the RDG Council meeting which is scheduled to take place on Wednesday (21 / 10).

However, the increase in the price of crude oil was also limiting the reinforcement of the ceiling. West Texas Intermediate's raw oil prices are back up close to US $100 a barrel and are potentially adding pressure to Garuda's currency.

Source: CNN Indonesia ›

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