Update COVID-19 in Indonesia: 64,958 confirmed infections, 3,241 deaths (6 July 2020)
Indonesia Investments Report - June 2020 Edition: Indonesia's New Normal
6 July 2020 (closed)
USD/IDR (14,456) -91.01 -0.63%
EUR/IDR (16,356) -39.68 -0.24%
Jakarta Composite Index (4,988.87) +15.07 +0.30%
Market Waiting for Economic Data; Indonesian Rupiah Depreciates 0.25%
The Indonesian rupiah exchange rate depreciated 0.25 percent to IDR 11,323 per US dollar on Thursday (03/04) according to the Bloomberg Dollar Index. Analysts Rangga Cipta (Samuel Sekuritas Indonesia) and Zulfirman Basir (Monex Investindo Futures) expect the rupiah to move sideways or weaken toward the end of the week as the market is waiting for various data, including the meeting of the European Central Bank regarding its interest rate (03/04), US unemployment, US nonfarm payrolls and US ISM Non-Manufacturing PMI.
Bank Indonesia's benchmark rupiah rate (Jakarta Interbank Spot Dollar Rate, abbreviated JISDOR) depreciated 0.06 percent on Thursday (03/04) to IDR 11,310 per US dollar:
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