1Berita English – The exchange rate of the rupiah stood at Rp15,516 per US dollar on Friday (1/5) afternoon. The Indonesian currency weakened by 25.5 points or 0.16 percent compared to the previous trading session.
Meanwhile, the Bank Indonesia (BI) reference rate, Jakarta Interbank Spot Dollar Rate (Jisdor), placed the rupiah at Rp15,518 per US dollar.
The majority of currencies in the Asian region were in the red zone. The Japanese yen weakened by 0.29 percent, the Thai baht weakened by 0.38 percent, and the South Korean won weakened by 0.44 percent.
The Singapore dollar weakened by 0.18 percent, and the Hong Kong dollar also weakened by 0.03 percent at the close of the trading session this afternoon. Meanwhile, the Chinese yuan strengthened by 0.05 percent.
On the other hand, most major currencies of developed countries were in the red zone. The European euro weakened by 0.31 percent, the British poundsterling weakened by 0.07 percent, and the Swiss franc weakened by 0.18 percent.
The Australian dollar and the Canadian dollar also weakened by 0.16 percent and 0.09 percent, respectively.
DCFX Futures analyst Lukman Leong stated that the rupiah weakened along with most other Asian currencies as they awaited the results of the United States employment data, which will be released tonight.
“The rupiah, along with other currencies, generally weakened against the US dollar, which strengthened again after strong job data last night, triggering investor anticipation for strong results in tonight’s NFP data,” said Lukman.
