Business · Markets · 1 hr ago

US dollar rises to Rp 18,160 against rupiah

US dollar rises to Rp 18,160 against rupiah

The US dollar rose against Indonesia’s rupiah in trading on Tuesday, Nov.

3.

It reached Rp 18,160 at 9:10 a.m.

Jakarta time, after opening at Rp 18,145.

The dollar had closed at Rp 18,156 on Monday.

Its movement against other major currencies was mixed: it weakened against the euro, pound, yen and Australian dollar, but strengthened against the Canadian dollar and Swiss franc.

The quoted rate shows how many rupiah one US dollar buys, making it a snapshot of the two currencies’ value against each other.

No further trading outlook or next step was given.

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