JAKARTA. The rupiah interbank trade rate depreciated by 15 basis points to Rp 11,968 per US dollar in Thursday's closing session. "The improvement of the US dollar in the market put pressure on the rupiah in the final trade, hence weakening the domestic currency," Monex Investindo Futures analyst Zulfirman Basir said as quoted by Antara news agency. He said that the greenback was continuing its domination in the global market after the publication of data indicating rising sales of landed house in the US.
Rupiah depreciates to 11,968 per dollar at close
JAKARTA. The rupiah interbank trade rate depreciated by 15 basis points to Rp 11,968 per US dollar in Thursday's closing session. "The improvement of the US dollar in the market put pressure on the rupiah in the final trade, hence weakening the domestic currency," Monex Investindo Futures analyst Zulfirman Basir said as quoted by Antara news agency. He said that the greenback was continuing its domination in the global market after the publication of data indicating rising sales of landed house in the US.