RM.id Free people – This morning, the Rupee opened at Rp 14,915 per US Dollar. The rupiah weakened by 0.31% from Wednesday’s trade (5/17) at IDR 14,868 per US dollar.

Read also : Ligue 1 format changed, Maung Bandung remains defending champion

The weakening also occurred in the currencies of the Asian region. The Japanese yen weakened 0.13%, the Thai baht 0.15%, the Philippine peso 0.16%, the South Korean won 0.11% and the Chinese yuan 0.10%. . The Singapore dollar also weakened 0.03% and the Hong Kong dollar 0.01% at the open of trade this morning.

Read also : The US economy is roaring, our conditions are sound, aren’t they?

For the main currencies of developed countries, the movements vary. The European Euro gained 0.15%, the British Pound weakened 0.05% and the Swiss Franc strengthened 0.13%. Then, the Australian dollar weakened by 0.05% and the Canadian dollar strengthened by 0.02%.

Read also : Awakening the popular economy, the ministry of religion promotes a productive waqf

Financial watcher Lukman Leong believes the rupiah will continue to weaken on the back of improving a number of US economic data and statements from several Fed officials regarding future interest rate policy. Today, Lukman estimates that the Rupee will move between Rp 14,800 per US Dollar and Rp 14,950 per US Dollar.

Update news and articles RM. ID other interesting in Google News

Also get selected updates and breaking news every day from RM ID.. Let’s join the Telegram group “Free People News Update”how to click on the link https://t.me/officialrakyatmerdeka so join. First you need to install the Telegram app on your mobile phone.