Risk On Sentiments Seen to Lend Support for Rupiah


The rupiah exchange rate against the US dollar on Tuesday (27/7) has the opportunity to strengthen following the improving sentiment of global market interest in risky assets.

"The improvement in market sentiment can be seen from the increase in the US stock index last night and the Asian stock index this morning," said money market observer Ariston Tjendra in Jakarta.

In addition, the increase in the price of bitcoin again approaching the US$40 thousand areas could also indicate an improvement in market sentiment towards risk assets.

"One of the drivers may be the performance of the company's financial statements which improved in the second quarter of this," he explained.

On the other hand, the market is still wary of the rise in COVID-19 cases in the world.

In Indonesia, the easing of the community activity restriction PPKM may be a breath of fresh air for the economy, but the COVID-19 case is still a conce


Penulis : Widya