Rupiah Seen in Pressure Tracking Dollar Strength in Regional Markets


On Tuesday (27/4), the rupiah exchange rate has the potential to experience pressure against the US dollar following the downward movement of other regional exchange rates against the US dollar.

"The rupiah has the opportunity to weaken to the range of 14,530 per US dollar with potential support at the level of 14,460 per US dollar," said money market observer Ariston Tjendra in Jakarta.

According to Ariston, market players are wary of the US Central Bank's monetary policy meeting that will start tonight, and the Federal Reserve will release the results on Thursday morning.

Apart from that, we are also waiting for the Fed's view on the future picture of US inflation that can move the market.

"The dollar has the potential to strengthen if the Fed gives an indication that the increase in inflation will last longer because of the economic recovery," he explained.

On the other hand, the dividend season on the


Penulis : Widya