team | Indonesian CNN
Tuesday, February 28, 2023 9:21 AM WIB
The rupiah exchange rate strengthened by 0.23% to IDR 15,235 per US dollar in trading on Tuesday (2/28) morning. Drawing. (CNN Indonesia/Andry Novelino).
Jakarta, CNNIIndonesia —
Exchange rate rupee opened at IDR 15,235 per US dollar on Tuesday (2/28) morning. The Garuda currency strengthened 35 points or more 0.23% from its previous position.
Meanwhile, the majority of currencies in the Asian region moved. The Chinese yuan rose 0.23% and the Malaysian ringgit strengthened 0.22%. Meanwhile, the Hong Kong dollar fell 0.02% and the Thai baht 0.01%.
Then, the Singapore dollar fell 0.06% and the Japanese yen fell 0.01%. Meanwhile, the Philippine peso strengthened by 0.35% and the South Korean won by 0.49%.
While the majority of the currencies of the main developed countries have strengthened. The European euro gained 0.01%, the Swiss franc 0.02%, the Australian dollar 0.13% and the Canadian dollar 0.01%. Meanwhile, the British pound weakened 0.01%.
DCFX analyst Lukman Leong believes the rupiah will strengthen this morning on falling US bond yields after durable goods orders data (durable goods) fell more than expected.
“That somewhat alleviates the fear that the Fed will be more aggressive in its interest rate policy going forward,” he said. CNNIndonesia.com.
Today, Lukman estimates that the Rupee will move between Rp 15,150 per US Dollar and Rp 15,300 per US Dollar.
(fby/en)
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