Update COVID-19 in Indonesia: 70,736 confirmed infections, 3,417 deaths (9 July 2020)
6 July 2020 (closed)
USD/IDR (14,501) +55.01 +0.38%
EUR/IDR (16,343) -41.31 -0.25%
Jakarta Composite Index (5,052.79) -23.38 -0.46%
On Monday (14/04), the Indonesian rupiah exchange rate depreciated 0.23 percent to IDR 11,440 per US dollar according to the Bloomberg Dollar Index. This performance was in line with most other emerging Asian currencies, which weakened against the US dollar due to broad strength in the greenback as well as risk aversion. The rupiah - still the best performing emerging Asian currency so far this year - depreciated on dollar demand from local importers (while state-run banks were reported to engage in rupiah buying).