The Highest Level of The US Dollar
Jakarta - The United States dollar exchange rate against the rupiah this afternoon through Rp 14,000. The US dollar climbed from the previous level of Rp 13,995.
Quoting Reuters on Monday (7/5/2018), the spot US dollar market is between Rp 14,005 and Rp 13,995. This is the highest level of the US dollar throughout 2018.
Quoting the official website of Bank Indonesia (BI) based on the reference rate of Jakarta Interbank Spot Dollar Rate (JISDOR), the US dollar exchange rate is set at Rp 13,956. This figure is higher than yesterday at Rp 13,943.
The strengthening of the US dollar is happening lately and due to external sentiments such as the improving US economy and a signal of US Fed interest rate rise.