Inflation in June (0.43 percent month-to-month) was lower than expected, while the trade balance swung back into a surplus in May (USD $69.9 million). Both these data had a good impact on the performance of the rupiah. Moreover, the stronger Yuan after Chinese manufacturing data indicated that this sector is growing at its fastest pace this year, provided positive market sentiments.

Bank Indonesia's benchmark rupiah rate (Jakarta Interbank Spot Dollar Rate, abbreviated JISDOR) appreciated 1.43 percent to IDR 11,798 per US dollar on Tuesday (01/07).

| Source: Bank Indonesia