The rupiah interbank trade rate depreciated on Friday morning by 15 basis points, falling to 11,997 per US dollar. “The rupiah has continued to depreciate due to negative sentiment in the global market. Most of the currencies across Asia also weakened in the morning,” Bank Himpunan Saudara analyst Rully Nova said Friday as quoted by Antara news agency. He said global market players were concerned about the US government’s plan to attack Islamic State (IS) militants in Iraq, as well as rising tensions between Ukraine and Russia. “The players are afraid that these conditions will hamper the recovery of the …read more
Source: The Jakarta Post
