Indonesia c.bank expects rupiah at average 14,000 to 14,400 vs dollar in 2019

The Indonesian rupiah currency is seen trading at an average of 14,000 to 14,400 per dollar this year and around 13,900 to 14,300 in 2020, central bank Governor Perry Warjiyo said on Monday.

“Bank Indonesia wants to maintain stability but also to stimulate economic growth starting this year,” Warjiyo told a hearing of lawmakers, adding that the bank expected annual growth of 5.05% in gross domestic product this year, and 5.3% in 2020.

All the bank’s policy instruments are set to support economic growth by maintaining the inflation and foreign exchange stability, he added.

The rupiah traded at 14,040 against the dollar at 0500 GMT. (Reporting by Maikel Jefriando, additional reporting by Fransiska Nangoy; Writing by Tabita Diela; Editing by Clarence Fernandez)

 

Source : Reuters

Nov 15, 2019

 
Bank note current rate:
  currency buy sell
USD 15,375 0
AUD 9,875 0
HKD 1,850 0
SGD 11,275 0
MYR 3,050 0
CAD 11,200 0
GBP 19,500 0
EURO 16,675 0
SFR 17,000 0
YEN 100 0
NZD 9,025 0
THB 350 0
NT 375 0
WON 10 0
DKK 1,925 0
SEK 1,225 0
BND 11,050 0
NOK 1,225 0
SAR 3,700 0
PHP 200 0
RMB 2,025 0
INR 125 0
RUB 80 0
AED 3,750 0
VND 0.42 0
   Last Updated :28 Mar 2024 - 03:42 PM
These are indicative rates. For actual exchange rates, please visit or call our outlets at (0361) 4741 940. We reserve the right to change the rates at any time without prior notice.
Currency Converter

Please Note :
Central Kuta does not sell foreign currencies in small denominations. Please Contact us for further information.