The Indonesian rupiah weakened after Indonesia's central bank made steps to loosen the rate of rupiah in offshore markets. Moreover, it is confirmed by an official of Bank Indonesia that the bank is letting the rupiah weaken gradually. Market participants noted that the weakening Euro will minimize the risk for foreign investors to buy Indonesian bonds.

| Source: Bank Indonesia

Asian indices were mostly up after China's prime minister Le Keqiang said that China's economic growth will not fall below 7 percent. Weak existing home sales in the US also brought positive sentiments as the market started speculating that this weak data will imply a continuation of the Federal Reserve's quantitative easing program.