the Value of the exchange rate on the trade earlier this year continues to move higher even touched a level of Rp 13.627 per U.S. dollar, the strongest since March 2018. The Rupiah recorded even the most powerful among the currencies of ASEAN countries in almost the first three weekends this year.
according to Bloomberg, since the closure late last year of up to trade on Monday (20/01) the rupiah has strengthened 1,64% to Rp 13.639 per U.S. dollar. The strengthening of the rupiah occurs when the currency of the country of ASEAN and a number of other Asian currencies weakened.
last Year, the best performing Asian currency best won by the Thai baht. However, starting this year, the currency of the Country of the Elephant this turn fell 2.2%. The Philippine Peso also declined 0.61 percent, the Singapore dollar 0.13%, to Lao kip 0,03%, Brunei dollar to 0.23%.
this Article has been published in Katadata.co.id with the title "the Rupiah Began To 2020 the Most Powerful in ASEAN, the Following Factors" , https://katadata.co.id/berita/2020/01/21/rupiah-mengawali-2020-paling-kuat-di-asean-berikut-faktornya
Author: Agustiyanti
Editor: Agustiyanti