The rupiah traded among banks in Jakarta on Wednesday morning depreciated by 15 points to Rp 11,694 per US dollar, down from the previous Rp 11,679 per dollar.Monex Investindo Futures research head Ariston Tjendra said the dollar strengthened against many currencies in Asia due to the release of positive US housing and retail industry data. “The US dollar is continuing its domination against currencies across Asia, including the rupiah,” Ariston said in Jakarta on Wednesday as quoted by Antara news agency.He also said market players were expecting the US central bank to immediately increase the Fed rate due to the …read more
Source: The Jakarta Post
