The Indonesian rupiahs exchange rate has once again been under pressure until the end of todays trading. On Friday (26/4), the spot rupiah closed at a level of Rp 16,210 per US dollar. This has resulted in the rupiah weakening by 0.14% compared to the previous days closing at Rp 16,188 per US dollar. The movement of the rupiah is in line with the majority of currencies in Asia.

As of 3:00 PM local time, the Japanese yen was the currency with the deepest depreciation in Asia, having plummeted 0.24%. This was followed by the Chinese yuan, which slipped 0.08%. Next, the South Korean won, which had already closed, was down 0.06%, and the Singapore dollar corrected by 0.04%. Then there was the Indian rupee, which fell 0.01%.

Meanwhile, the Hong Kong dollar appeared to weaken slightly by 0.008% against the greenback. On the other hand, the Thai baht was the currency with the largest appreciation in Asia, having strengthened by 0.24%. Subsequently, the Philippine peso closed up 0.19% and the Malaysian ringgit climbed 0.05%. This was followed by the Taiwanese dollar, which closed with a slight increase of 0.01%

Source : Kontan.co.id

Apr 27, 2024