Rupiah Seen Weakening to Dollar as US Inflation Data Eyed


Jakarta - The rupiah exchange rate against the US dollar still has the potential to weaken, triggered by market participants anticipating the release of US inflation data tonight.

"The rupiah is predicted to weaken to around 14,280 per US dollar," said money market observer Ariston Tjendra in Jakarta on Tuesday (14/9).

However, on the other hand, the strengthening of Asian stock indices this morning showed that the market's interest in risk was growing, and this could prevent the rupiah from weakening against the US dollar.

In addition, the increasing number of areas that are no longer community activity restriction PPKM 4 in the country can also support the strengthening of the rupiah exchange rate.


Penulis : Widya