Go Finance Reporting in JAKARTA - The rupiah again fell to the level of per USD Rp9.600 this weekend. In contrast, all seemed equally currency weakened against the dollar.
Amount, according to the exchange rate of Bank Indonesia (BI) moves to weaken to Rp8.577 per USD compared to the previous day's trading at Rp8.566 per USD. Meanwhile, according yahoofinance, the rupiah weakened to be at the level of Rp8.602 per USD with a daily trading range in Rp8.582-Rp8.622 per USD.
Value of United States dollars (U.S.) observed rose above other currencies. Against the euro, the dollar climbed to 1.4534 per USD, pound weakened to 1.6391 per USD and the yen also weakened to 80.43 per USD.
Indonesian Securities analyst Samuel Lana Soelistianingsih explained if investors realized a gain of about 23 percent of commodity markets into assets in cash (U.S. dollars) to make the dollar strengthened, especially against Asian countries.
Commodity prices have drastically downward pressure on trading yesterday, especially the price of crude oil and silver. Selling in the month of May is only temporary and usually recover in July. (GoFinance)
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