Rupiah Tumbles 1.27 Percent Against US Dollar in October

Translator

Editor

Kamis, 1 Januari 1970 07:00 WIB

Rupiah illustration. Image: TEMPO/Budi Purwanto

TEMPO.CO, Jakarta - The Indonesian rupiah depreciated 1.27 percent against the US dollar to Rp13,523.07 in October 2017, the Central Statistics Agency (BPS) said.


By province, the rupiah saw its lowest mid rate of Rp13,609 against the US dollar in Central Java in the third week of October, BPS Chief Suhariyanto said on Wednesday.


The rupiah also tumbled by 0.05 percent against the Japanese yen to Rp118.91 last month, with the lowest mid rate of Rp122.50 recorded in the second week of October 2017 in Riau province, he stated.


In addition, the local unit also weakened by 0.97 percent against the euro to Rp15,898.83 in October 2017, with the lowest mid rate of Rp16,019 recorded in Central Sulawesi province in the second week of October this year, he noted.


However, the rupiah appreciated by 0.28 percent against the Australian dollar to Rp10,474.96 in October 2017, with the highest mid rate of Rp10,159.96 recorded in Papua province in the second week of October 2017, he added.


The rupiah again fell 4 points to close at Rp13,555 against the dollar in the Jakarta inter-bank spot market on Wednesday as compared to the previous close of Rp13,551.


"The rupiah fell slightly against the Australian dollar, while market agents are anticipating the US inflation data for October, which is expected to increase," Monex Investindo Futures chief researcher, Ariston Tjendra, revealed on Wednesday.



ANTARA




Related News

Eid Holiday Turnover Helpless Against US Dollar As Rupiah Continues to Plunge: Analyst

10 hari lalu

Eid Holiday Turnover Helpless Against US Dollar As Rupiah Continues to Plunge: Analyst

In early Wednesday morning trade, the rupiah slipped 76 points or 0.47 percent to Rp16,252 per US dollar.

Read More

Rupiah Exchange Rate Hits Lowest Point in Last 4 Years; Expert Explains Why

12 hari lalu

Rupiah Exchange Rate Hits Lowest Point in Last 4 Years; Expert Explains Why

The depreciating trend of the rupiah against the US dollar persisted in the recent week.

Read More

Rupiah Expected to Strengthen to 15,630-15,680 per US$ Today

36 hari lalu

Rupiah Expected to Strengthen to 15,630-15,680 per US$ Today

The rupiah exchange rate against the US dollar will fluctuate today.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More