Bantarangin News – This Morning, Rupiah Strengthens to Rp13632. Jakarta, Rupiah strengthens against United States (US) Dollar this morning. Rupiah finally strengthens after previously had significant fall.
Quoting Bloomberg, Wednesday (11/25/2015), Rupiah opened at Rp13,688/USD from Rp13,718. It continued to increase 66 point or 0.48 percent to Rp13,632.
Rupiah moved between Rp13,633-Rp13,688 this morning with year to date return 10.74 percent.
Meanwhile according Yahoo Finance data, Rupiah opened at Rp13,698. It then continued to increase 24.5 point or 0.18 percent to Rp13,683.
NH Korindo Securities Indonesia Research Chief Reza Priyambada predicted Rupiah has potential to fall again amid positive trend of USD.
“We observe that GBP and CNY tend to weaken,” he sai