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Era Fakta . The exchange rate of the United States dollar (US) against the rupiah this morning experienced a strengthening. The US dollar is at the level of Rp. 14,610. Citing Reuters trade data on Tuesday (11/12/2018), the US dollar was at its highest level of Rp. 14,615 and its lowest level was Rp. 14,560. The strengthening of the US dollar against the rupiah has continued to occur lately. Not only the rupiah, other developing country currencies were also affected by the strengthening of the US dollar. Head of Research at Samuel Asset Management Lana Soelistianingsih said Bank Indonesia (BI) needed to intervene so that the rupiah exchange rate would not fall back. Moreover, currently foreign exchange reserves have increased by US $ 20 billion from the previous month. "BI needs to intervene so that the rupiah strengthens. Moreover, our foreign exchange reserves have increased from yesterday's release," Lana explained, the intervention was carried out so that the rupiah d...

Kolom Utama . The exchange rate (exchange rate) of rupiah traded between banks in Jakarta on Monday (10/12/2018) morning moved lower by 26 points to Rp14,508 compared to the previous Rp14,482 per US dollar. Meanwhile, the rupiah exchange rate traded between banks in Jakarta on Friday (7/12/2018) afternoon appreciated by 42 points to Rp14,482, compared to the previous Rp14,524 per US dollar. Not only the weakening rupiah on Monday morning, the middle exchange rate of the Chinese renminbi or yuan exchange rate also weakened 29 basis points to 6.8693 against the US dollar on Monday, according to the Chinese Foreign Exchange Trading System. In the Chinese foreign exchange spot market, the yuan is allowed to rise or fall by two percent from its middle parity level every trading day. The yuan's middle exchange rate against the US dollar is based on the weighted average price offered by market participants before the opening of the interbank money market, every working day. Monday Morning...