English Version
ENGLISH
| Monday, 19 November 2018 |
Indonesia Version
INDONESIA
Facebook
Twitter


Monday, 19 November 2018 | 21:28
KPK Suspects Pakpak Bharat Regent Accepts Bribe Money The KPK suspects that Remigo used the money to save his wife,
who is in trouble with the law.
Monday, 19 November 2018 | 21:12
Indonesia Modification Expo 2018 Books Rp3bn The Indonesia Modification Expo (IMX) 2018 held on November 17
and 18 in Jakarta ended with success.
Rupiah Expected to Climb to 14,800/US$
REUTERS/Supri
Wednesday, 07 November, 2018 | 10:54 WIB
Rupiah Expected to Climb to 14,800/US$

TEMPO.CO, Jakarta - Panin Sekuritas analyst William Hartanto predicts the rupiah to strengthen in today's trade November 7. William projects the rupiah to move between 14,800 and 14,890 per US dollar.

"One of the reasons for the appreciation is the market's subsiding climate now that there are potentials for peace in the US-China trade war," he said on Wednesday.

William said that Bank Indonesia (BI) will also announce the foreign exchange (forex) reserves this afternoon. He said the announcement will also act as a supporting sentiment to the rupiah's predicted gain.

Yesterday, the rupiah gained against the greenback. The Jakarta Interbank Spot Dollar Rate (JISDOR) recorded a rate of Rp14,891 per US dollar, up 81 bps from the previous day.

MUHAMMAD HENDARTYO

 



via Facebookvia TEMPO ID

Comments


Disclaimer: The views expressed in the comments sections are personal responses that do not represent the editorial policy of tempo.co. Our editorial staff reserves the right to moderate or take down comments that contain harassment, intimidation and discrimination against ethnicity, religion, race, and inter-group relations.