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The U.S. dollar is Mighty, the Trend of the Strengthening of the Rupiah can't Continue

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The U.S. dollar is Mighty, the Trend of the Strengthening of the Rupiah can't Continue

Katadata.co.id - Further strengthening of the rupiah stuck in the middle of the might of the United States dollar (U.S.).

Rupiah observed weakened in early trading on Wednesday, despite still persist at the level of 13.900's.

Most Asian currencies also weakened against the U.S. dollar.

Based on Bloomberg data, while news is written, the value of the rupiah was at the level of 13.987 per U.S. dollar, fell 0.13 percent compared to the close of trading yesterday.

The South Korean Won, Taiwan dollar, Malaysian ringgit and Hong Kong dollar also weakened, although thin less than 0.1 percent.

Though, when this news was written, the DXY index fell thin of 0.08% to the position 97,9.

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