JAKARTA - The rupiah closed slightly lower at the close of trading today, Wednesday, February 19. The rupiah closed 0.09 percent lower at Rp 13,695 per US dollar compared to yesterday's closing level of Rp 13,694 per US dollar.
"The market is starting to anticipate a potential economic slowdown due to the corona virus," said Monex Investindo Futures Research Head, Ariston Tjendra, to VOI.
Rupiah is not alone. Because today a series of other Asian currencies also weakened compactly in front of the US dollar.
Starting from the Japanese yen, Hong Kong dollar, Taiwan dollar to Malaysian ringgit. With the Indian rupee being the weakest, it has weakened 0.38 percent against the US dollar.
Meanwhile, the Singapore dollar, the Philippine peso and the Thai baht were still able to strengthen against the US dollar.
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