JAKARTA - The rupiah was again powerless in front of the United States dollar (US), and weakened at the close of trading on Wednesday, March 11. The rupiah on the spot market closed down 0.15 percent to a level of Rp13,374 per US dollar.
Head of Research at Monex Investindo Futures, Ariston Tjendra, said the market was still adrift between fears of COVID-19 slowing global economic growth and stimulus plans.
"The market is still waiting for a concrete form of stimulus to be issued by the United States," Ariston told VOI.
The rupiah is also the second deepest weakening currency in the region. The position of the rupiah only lost to the Taiwan dollar, which fell 0.26 percent.
Furthermore, the South Korean won and Thai baht weakened 0.07 percent and 0.06 percent, respectively.
Meanwhile other currencies strengthened, with the Japanese yen as the strongest currency after rising 0.51 percent.
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)
Most Popular Tags
#Prabowo Subianto #golkar #OTT KPK #Pilkada Dki #online gamblingPopular
