The Most Mighty Opened, Rupiah Is The Most Sluggish To Be Closed In Asia Pacific
JAKARTA - The rupiah exchange rate on the spot market closed lower in front of the United States dollar (US) on Thursday August 6 trading. The rupiah closed down 0.24 percent or 35 points to a level of Rp14,585 per US dollar.
Rupiah led the weakening of the majority of Asia Pacific currencies against the US dollar. Apart from the rupiah, the Thai baht also fell 0.16 percent and the Chinese yuan weakened 0.16 percent.
The Singapore dollar is seen weakening 0.08 percent. The Taiwan dollar and the Japanese yen weakened 0.03 percent and 0.009 percent, respectively.
The Malaysian ringgit also edged down 0.005 percent. And the Hong Kong dollar weakened 0.001 percent against the US dollar.
Meanwhile, the South Korean won and the Philippine peso gained against the US dollar by 0.44 percent and 0.01 percent, respectively.