Illustration ( Rizal)
Illustration ( Rizal)

Rupiah Depreciates to Rp14,175/USD This Morning

English stock market (en)
Angga Bratadharma, Christopher Harindra • 08 Oktober 2019 11:27
Jakarta: The exchange rate of the rupiah against the United States dollar (USD) on Tuesday morning's trading was recorded to be weak compared to the previous afternoon's trading at Rp14,162 per USD.
According to Bloomberg, Tuesday, October 8, 2019, the rupiah exchange rate in the morning session opened to Rp14,175 per USD. Meanwhile, according to Yahoo Finance, the rupiah exchange rate in the opening session was Rp13,959 per USD.
Meanwhile, The USD index, which measures the greenback against six other major currencies, rose 0.16 percent to 98.9655 in late trading. In late New York trading, the euro dropped to USD1,0973 from USD1,0983 in the previous session. Furthermore, the British poundsterling dropped to USD1,2299 from USD1,2332 in the previous session.

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In the meantime, a legal effort was made to force British Prime Minister Boris Johnson to ask the European Union (EU) to extend the membership of the country.
Previously, the British leader insisted the UK would leave the bloc, with or without an agreement, on October 31.
On the other hand, the US stock market ended lower on Monday local time, ahead of a new round of trade negotiations between the world's two largest economies namely the US and China.


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