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 May Plunge to 14,700/US$ if Rallies Don't Stop

Translator

Ririe Ranggasari

Editor

Laila Afifa

23 May 2019 12:47 WIB

The rupiah. TEMPO/Tony Hartawan

TEMPO.CO, Jakarta - The rupiah is expected to fall this morning and trade between 14,300 and 14,700 per US dollar. Analysts said that the currency correction would be the result of the ongoing rally-turned-riot since Tuesday night.

"The rupiah is hit by domestic and external pressures," Monex Investindo Futures analyst Ahmad Yudiawan said on Wednesday, May 22. 

The Elections Committee on Tuesday announced incumbent Joko "Jokowi" Widodo and his running mate as winners of the presidential elections, with a 55.5-percent lead against contender Prabowo Subiatnto's 44.5 percent; a considerably high gap margin.

However, Prabowo's campaign team rejected the official results. They have since the day of voting claimed victory and accused the opposite party of cheating, saying that they would protest by legal means and through 'people power'. 

Garuda Berjangka president director Ibrahim said this sentiment pushed investors away from Indonesia's markets over the fear of market uncertainties. As a result, Indonesia's currency remains corrected. 

"The exchange rate is at some Rp14,500 per US dollar now. It can easily hit 15,000 if situations remain non-conducive," he warned.

BISNIS

Read: Tanah Abang Market Faces Rp200bn Loss due to Riot



KPU Says Jokowi Unrelated to Election Dispute Case, Dismisses Ganjar-Mahfud Argument

1 jam lalu

KPU Says Jokowi Unrelated to Election Dispute Case, Dismisses Ganjar-Mahfud Argument

Running pair Ganjar-Mahfud argues that President Jokowi had committed structured, systematic, and massive fraud in the 2024 elections.


Election Fraud in a Neighboring Country

6 jam lalu

Election Fraud in a Neighboring Country

Seven members of the Kuala Lumpur PPLN are proven to have inflated the number of voters for the 2024 elections.


Freeport CEO Meets with President Jokowi at the Palace

8 jam lalu

Freeport CEO Meets with President Jokowi at the Palace

Freeport McMoran CEO Richard C Adkerson visited the Presidential Palace in Jakarta on Thursday, March 28, to meet with President Jokowi.


Palace Asserts Jokowi Is Not a Party Involved in Election Dispute Case at Top Court

8 jam lalu

Palace Asserts Jokowi Is Not a Party Involved in Election Dispute Case at Top Court

The Presidential Palace stressed that Jokowi's government is not a party involved in the ongoing election dispute at the Constitutional Court.


Minister Muhadjir Deems Aceh - Sumut PON 2024 as Gift for Jokowi

14 jam lalu

Minister Muhadjir Deems Aceh - Sumut PON 2024 as Gift for Jokowi

Coordinating Minister Muhadjir Effendy stated that the Aceh - North Sumatra National Games (PON) 2024 will be a special gift for President Jokowi.


Jokowi Unveils Gumbasa Dam, Irrigation after Rp1.25tn Rehabilitation Completed

1 hari lalu

Jokowi Unveils Gumbasa Dam, Irrigation after Rp1.25tn Rehabilitation Completed

Jokowi unveils the rehabilitated and reconstructed Gumbasa Dam and Irrigation Area in Sigi Regency, Central Sulawesi,


Jokowi Approves Roro Ships Procurement for IKN During Port Inauguration in Central Sulawesi

1 hari lalu

Jokowi Approves Roro Ships Procurement for IKN During Port Inauguration in Central Sulawesi

Jokowi today approves the procurement of roro (roll-on/roll-off) ships for Central Sulawesi heading to East Kalimantan in support of IKN development.


Court to Combine Trials of Election Dispute Hearings of Anies, Ganjar

1 hari lalu

Court to Combine Trials of Election Dispute Hearings of Anies, Ganjar

The Constitutional Court (MK) decided to consolidate the hearings of the election dispute cases lodged by Anies Baswedan and Ganjar Pranowo.


Jokowi's Wealth Surge by Rp66 Billon in 2 Presidential Terms

1 hari lalu

Jokowi's Wealth Surge by Rp66 Billon in 2 Presidential Terms

Indonesian President Joko "Jokowi" Widodo disclosed that his assets surged by Rp13.4 billion between 2022 and 2023.


Anies Baswedan's Team Says Jokowi's Ministers Behind Prabowo-Gibran's Victory in Election Dispute Hearing

1 hari lalu

Anies Baswedan's Team Says Jokowi's Ministers Behind Prabowo-Gibran's Victory in Election Dispute Hearing

The Anies Baswedan's campaign team said that President Jokowi used or allowed his cabinet ministers to assist Prabowo-Gibran to win in the election.