the Value of the exchange rate on trading the spot market this morning, Saturday (30/6) rose 0.53% to the level of Rp 14.170 per dollar United States(U.S.). Fed dollars one of them was triggered by the global sentiment, in particular the comments of the U.S. Central Bank, The federal reserve will keep interest rates low.
the Rupiah strengthened along with nearly all Asian currencies. According to Bloomberg, the Singapore dollar rose 0.21%, followed by the Taiwan dollar 0.2%, the South Korean won 0.21 percent, the Philippine peso 0,22%, the Indian rupee of 0.08%.
As for the Chinese yuan by 0.18%, Malaysian ringgit to 0.12% and Thai baht rose 0.05 percent. The decline was only experienced by the Japanese yen 0.1% and Hong Kong dollar were little changed.
this Article has been published in Katadata.co.id with the title "the Rupiah Strengthened 0.53 percent and the Best in Asia Thanks to The Fed's Comments" , https://katadata.co.id/berita/2020/06/30/rupiah-menguat-0-53-dan-terbaik-di-asia-berkat-komentar-the-fed
Author: Agatha Olivia Victoria