Rupiah Is Closed Monday, Gaining 33 Points To Rp14,490 Per US Dollar

Illustrated. (Irfan Meidianto / VOI)

JAKARTA - The rupiah exchange rate on the spot market closed lower on Monday, July 6 trading. The rupiah closed down 0.23 percent or 33 points to a level of Rp14,490 per US dollar (US).

Head of Research at Monex Investindo Futures, Ariston Tjendra, said risk assets seemed to have strengthened from this morning to afternoon, including the rupiah, because the market had responded positively to the potential for economic recovery amid the pandemic.

"Global economic data released last week provide evidence of the economic recovery, such as US employment data, US, China and European manufacturing activity index data," Ariston told VOI.

This afternoon, the majority of currencies in the Asia Pacific region seemed to strengthen. The gains were led by the Chinese yuan, which has appreciated 0.47 percent.

Followed by the Philippine peso which strengthened 0.39 percent, and the South Korean won which appreciated 0.25 percent.

Then, the Taiwan dollar and the rupiah both strengthened 0.23 percent. The Singapore dollar and Thai baht gained 0.13 percent and 0.12 percent, respectively.

Meanwhile the Hong Kong dollar looks stagnant. The weaker currencies were the Indian rupee and the Japanese yen, which depreciated 0.08 percent and 0.06 percent, respectively.