Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

Rupiah Weakens, Bappenas: Indonesia is Considered Same as Turkey

Translator

Editor

14 August 2018 07:42 WIB

Indonesian currency Rupiah. ANTARA/Adwit B Pramono

TEMPO.CO, Jakarta - Today, Rupiah has weakened to Rp14,600 per USD. The head of the National Planning and Development Agency (Bappenas) Bambang Brodjonegoro said it was caused by the investor consolidation due to the exchange rate depreciation of the Turkish currency, Lira.

“Indonesia and Turkey are considered as emerging markets, so in these initial stages, there must be some kind of consolidation from the investors in seeing the emerging markets,” Bambang said at Royal Kuningan Hotel, South Jakarta, Monday, May 13.

Bambang said the consolidation was reasonable but it balanced towards the rupiah and he will monitor this in the future.

Bambang believes that Indonesia should be considered different from Turkey. Because Indonesia has the independence of the Central Bank.

“Because Turkey does have an element of intervention from the government towards the central bank. In addition, Indonesia’s inflation rate is around 3-4 percent, far different from Turkey that reached 10 percent. So it will provide a tremendous difference,” Bambang said.

According to RTI Business, at 06:44 pm, the exchange rate was Rp14,629 or decreased 0.99 percent after was opened at Rp14,486.

Jakarta Insterspot Dollar Rate Bank Indonesia (JISDOR BI) noted the rupiah was at the level of Rp14,583. It shows a significant weakening compared to last Friday, which was at Rp14,437.

The rupiah had reached Rp14,503 per US$ on August 3 but gradually strengthened in the following week by reaching Rp14,481 on August 6. The exchange rate continued to strengthen to Rp14,422 on August 9, before finally, it weakened again.

CAESAR AKBAR




Rupiah Exchange Rate Strengthens in December

21 Desember 2023

Rupiah Exchange Rate Strengthens in December

Bank Indonesia Governor Perry Warjoyo reported that the Rupiah exchange rate over the US Dollar continues to show an upward trend.


Aviation Industry 'Hit Hard' by Rupiah Depreciation, Expert Says

27 Oktober 2023

Aviation Industry 'Hit Hard' by Rupiah Depreciation, Expert Says

The aviation industry in Indonesia is affected by the Rupiah depreciation.


Jokowi Downplays Rupiah Depreciation: 'It's Still Safe'

25 Oktober 2023

Jokowi Downplays Rupiah Depreciation: 'It's Still Safe'

President Jokowi stated that the recent depreciation of rupiah exchange rate against US dollar did not disrupt the domestic real and financial sector.


Pertamina Responds to Falling Price of Global Oil

26 Januari 2023

Pertamina Responds to Falling Price of Global Oil

State oil and gas firm Pertamina Patra Niaga responded to the price of global crude oil which continued to show a downward trend.


Rupiah Exchange Rate Surges Over Expected Trade Balance Surplus

16 Januari 2023

Rupiah Exchange Rate Surges Over Expected Trade Balance Surplus

The Rupiah exchange rate transacted between banks in Jakarta surged on Monday morning which is in line with market expectations.


Rupiah Exchange Rate Dips; Analyst Suspects Dollar Shortage as Main Driver

6 Januari 2023

Rupiah Exchange Rate Dips; Analyst Suspects Dollar Shortage as Main Driver

The rupiah exchange rate transacted between banks in Jakarta on Friday noon weakened to Rp15,638 per US dollar.


Asian Currencies, Rupiah Exchange Rate Weakens in Early Trade

21 November 2022

Asian Currencies, Rupiah Exchange Rate Weakens in Early Trade

The rupiah exchange rate against the United States (US) dollar, along with other Asian currencies, opened lower in early trading on Monday.


Bank Indonesia Governor: We Don't Need to Raise Interest Rate Yet

18 Agustus 2022

Bank Indonesia Governor: We Don't Need to Raise Interest Rate Yet

Bank Indonesia (BI) Governor Perry Warjiyo said raising the interest rate is not necessary at the present.


Rupiah Exchange Rate Predicted to Fluctuate

18 Agustus 2022

Rupiah Exchange Rate Predicted to Fluctuate

The rupiah exchange rate risks being pressured by the US dollar on Thursday trading following the issuance of the Fed minutes.


Analysts Explain Why Rupiah Exchange Rate Weakened on Wednesday

6 Juli 2022

Analysts Explain Why Rupiah Exchange Rate Weakened on Wednesday

Rupiah faces internal and external pressure which has caused its exchange rate to reach the psychological barrier of Rp15,001/US dollar.