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Virus Corona Extends, the exchange Rate of the Rupiah Retreated the Most In Asia

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Berita Terkini
Virus Corona Extends, the exchange Rate of the Rupiah Retreated the Most In Asia

the Value of the rupiah against the dollar United States (U.S.) tumbled in early trading this week. Rupiah leads Asian currency weakening against the Greenback. This weakening occurs in the middle of rising concerns about the spread of corona virus to outside of China.

the Rupiah is directly opened corrected on trading Monday (24/2). Based on Bloomberg data, the rupiah opened at the level of 13.777 per U.S. dollar or corrected to 0.12% compared to the close of trading on Friday (21/2) last week. The correction continues to grow up when the news is written in the position of Rp 13.885 per U.S. dollar, or retreated 0.91 percent from Friday's close last week.

the Majority of the other Asian currencies also weakened against the U.S. dollar. However, the currency Garuda recorded weakened the most in. The South Korean Won recorded fell 0.74 percent,the Malaysian ringgit 0,66%, the Thai baht 0.53 percent, the Singapore dollar was 0.29%, Taiwan dollar 0.25%, the Philippine peso to 0.24%.

this Article has been published in Katadata.co.id with the title of "Corona Virus Spread, Rupiah exchange Rate Fell the Most In Asia" , https://katadata.co.id/berita/2020/02/24/virus-corona-meluas-kurs-rupiah-terkoreksi-paling-dalam-di-asia
Author: Agatha Olivia Victoria
Editor: Martha Ruth Thertina

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