JAKARTA - Financial Market Observer and Commodity Ariston Tjendra said that the movement of the rupiah has the potential to strengthen against the United States (US) dollar on Monday, April 21.
Ariston revealed that the regional exchange rate this morning has strengthened on average against the US dollar.
"This morning's US dollar index moved lower than last week, moving in the range of 98, from above 99," he said in his statement, Monday, April 21.
According to him, the latest pressure on the US dollar was caused by a negative perception of the market against Trump's statement asking the US Central Bank to cut its benchmark interest rate.
Ariston conveyed that Trump's statement was considered to have intervened in the duties of the Central Bank which could have a negative impact on the US economy.
In addition, he conveyed another negative impact as long as the tariff increase on the US economy due to rising prices of consumer goods also boosted the US dollar.
He said that the movement of the rupiah on Monday, April 21 has the potential to strengthen to the level of IDR 16,700 per US dollar with the potential for resistance in the range of IDR 16,830 per US dollar.
SEE ALSO:
-
| EKONOMI
Harga Emas Antam Melonjak menembus Rekor Tertinggi ke Rp1.980.000 per Gram
21 April 2025, 10:04
Quoting Bloomberg, on Thursday, April 17, the rupiah spot exchange rate was closed up 0.02 percent to the level of Rp. 16,834 per US dollar.
Meanwhile, the Jakarta Interbank Spot Dollar Rate (Jisdor) exchange rate of Bank Indonesia (BI) closed up 0.07 percent to a price level of IDR 16,833 per US dollar.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
