Jakarta, CNN Indonesia —
Exchange rates rupiah is in the position of Rp. 14,224 per dollar AS in spot market trading on Thursday (22/12). Currency Garuda rose 65.5 points or 0.46 percent from the previous trade, which was Rp. 14,303 per US dollar.
Meanwhile, the majority of currencies in Asia moved higher this morning. The Thai baht strengthened 0.05 percent, the Malaysian ringgit rose 0.13 percent, the South Korean won rose 0.32 percent, the Philippine peso strengthened 0.12 percent and the Singapore dollar strengthened 0.03 percent.
However, several other Asian currencies appear weak. For example, the Japanese yen weakened 0.04 percent, the Chinese yuan weakened 0.01 percent, and the Hong Kong dollar was stagnant.
On the other hand, currencies in developed countries were mixed this morning. Observed, the Canadian dollar weakened 0.06 percent, the Swiss franc strengthened 0.09 percent, the Australian dollar weakened 0.07, and the European euro strengthened 0.11 percent.
Money Market Analyst Ariston Tjendra predicts the rupiah will be stronger today. Market participants’ concerns about the new variant of the omicron began to subside.
“Most market players think that omicron is not as dangerous as a delta and will not interfere with economic activity,” Ariston said CNNIndonesia.com.
In addition, the government’s optimism for Indonesia’s economic growth in the fourth quarter of 2021 also added to positive sentiment for the rupiah.
This optimism can be seen from the government’s projection of the national economy which will reach 5 percent in October-December 2021.
“The potential for strengthening of the rupiah towards Rp. 14,230 per US dollar with the potential for weakening to the area of Rp. 14,300 per US dollar,” said Ariston.
(aud / bir)
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