On Tuesday (29/6), the rupiah exchange rate is estimated to be overshadowed by pressure on the US dollar by moving in the range of Rp14,400-Rp14,480 per US dollar.

"Market players are wary of US employment data due later this week. Better-than-expected data could encourage further strengthening of the US dollar due to expectations of US monetary tightening," said Money Market Observer Ariston Tjendra in Jakarta.

As is known, the US Central Bank is considering the development of two economic data to determine future monetary policy, namely inflation and employment data.

US inflation data has shown an increase exceeding the 2% target. And if the labor data also shows a significant improvement. Markets will expect US monetary tightening to be imminent. And this could encourage the strengthening of the US dollar.

In addition, the COVID-19 situation, which has not shown improvement, is still a pressure on the rupiah.

"Tight