Rupiah Slightly Weakens, Asia Stocks Perked Up
18 September 2015 10:52 WIB
TEMPO.CO, Jakarta - The rupiah had strengthened before it finally closed unchanged at Rp14,459/U$ on Thursday. Exchange rate movements Thursday was influenced by anticipation of Bank Indonesia's decision and the associated Federal Reserve interest rates.
The US central bank announced their decision not to raise interest rates on early Friday, September 18. Thursday afternoon BI announced to keep their interest rates at the 7.5% level.
Asian stocks were mostly higher Friday, perked by relief that the U.S. Federal Reserve held off on raising interest rates for the time being.
Japan's benchmark Nikkei 225 slipped 1.3 percent to 18,187.55 in morning trading, as the dollar weakened against the yen, sending export issues lower. But South Korea's Kospi added nearly 1 percent to 1,995.56.
Hong Kong's Hang Seng was up 0.4 percent to 21,949.63. The Shanghai Composite Index rose 0.1 percent to 3,089.39. Other regional markets were also moderately higher, rising in Taiwan, Singapore, Indonesia and the Philippines. Australia's S&P/ASX 200 rose 0.8 percent to 5,186.90.
The euro slipped to $1.396 from $1.1399. The dollar weakened to 119.94 yen from 120.37 yen.
BISNIS.COM | AP
