A Peek at the Resilience of the Rupiah Amid US Dollar Domination, Check!

Jakarta, CNBC Indonesia – The rupiah exchange rate against the United States (US) dollar weakened slightly in trading this week. This movement occurred amid a wave of strength in the US dollar because the US central bank (Federal Reserve / The Fed) is expected to immediately raise its benchmark interest rate next month.

So far this week, the rupiah recorded a decline of 13 points or 0.09% against the US dollar in general terms point-to-point. The rupiah ended the week at Rp 14,356/US$.

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