JAKARTA, KOMPAS.com - The position of the rupiah against the US dollar strengthened. Wednesday (28/2/2018), the middle rate of Bank Indonesia (BI) shows the rupiah exchange rate at Rp 13,707 per US dollar. Citing Kontan.co.id, rupiah he exclaimed 0.42 percent before. This rupiah position is the weakest level since February 4, 2016. In the spot market at 10:16 pm, the rupiah was spilled to the level of Rp 13,716 per US dollar. The Rupiah was active at 0.27 percent from the previous day's close, and down 1.73 percent from the average exchange rate so far this year. The rupiah value in the spot market is the weakest since February 4, 2016. Rupiah puniper 1.17%.
Rupiah does not itself face weakening. Almost all Asian currencies are weakening today. Only baht, peso, and yen are still slightly strengthened against the greenback. In Asia, the rupiah became the fourth worst performing currency after the peso, rupee, and won. Just so you know, the dollar index since yesterday strengthened after the US central bank boss revealed that the US rate hike could be faster than the initial prediction of three times this year. The dollar index today was at 90.44, up slightly from 90.35 yesterday. In these two days, the dollar index has returned above the 90 level.
https://ekonomi.kompas.com/read/2018/02/28/112110226/makin-melemah-rupiah-diperdagangkan-di-rp-13700-per-dollar-as
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