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Affected by the Global Sentiment, the Rupiah Strengthened To 1.22% Third Best in Asia

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Affected by the Global Sentiment, the Rupiah Strengthened To 1.22% Third Best in Asia

the Value of the rupiah exchange rate rose to 1.22 percent to Rp 16.105 per U.S. dollar in trading this morning, Tuesday (27/3). The increase in the exchange rate of the rupiah is driven by the global sentiment and optimism of the market as stimulus the U.S. government to reduce the impact of the pandemic corona. 

Along with the rupiah, almost all the Asian currencies also strengthened against the U.S. dollar. according to Bloomberg, the three currencies with the highest increase this morning noted the South Korean won 1.4 percent, the rupiah to 1.22% and the Indian rupee is 1.25%.

While the Japanese yen gained 0.87%, the Singapore dollar by 0.01%, Malaysian ringgit to 0.88%, Taiwan dollar 0.34%, to Philippine peso 0.48%, to yuan China to 0.01%, and Thai baht 0.49 percent. Only the Hong Kong dollar that fell thin and 0.01%.

this Article has been published in Katadata.co.id with the title "Affected by the Global Sentiment, the Rupiah Strengthened To 1.22% Third Best in Asia" , https://katadata.co.id/berita/2020/03/27/terdampak-sentimen-global-rupiah-menguat-122-terbaik-ketiga-di-asia
Author: Agatha Olivia Victoria
Editor: Ekarina

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