Indonesia's rupiah exchange rate continues its sharp appreciation on Valentine's day (14/02). Based on the Bloomberg Dollar Index, the currency was up 0.80 percent to IDR 11,880 per US dollar at 9:56 local Jakarta time. Yesterday (13/02), the rupiah had recorded a 0.89 pecent gain. This recent appreciating trend of the rupiah is caused by international investors' renewed confidence in Indonesia's macroeconomic fundamentals. Particularly the improvement in the country's current account deficit is well received by investors.
27 March 2020 (closed)
USD/IDR (16,230) -98.00 -0.60%
EUR/IDR (17,920) +122.83 +0.69%
Jakarta Composite Index (4,545.57) +206.67 +4.76%