Positive Sentiment Not There Yet
The policies of Bank Indonesia and the government have not been able to bring a positive sentiment to the market. The rupiah hovered at around Rp 14,900 per US dollar in the past three days, indicating that external factors affected the domestic financial market.
Bank Indonesia (BI) Governor Perry Warjiyo (center), together with Senior Deputy Governor Mirza Adityaswara (second left), Deputy Governor Sugeng (left), Erwin Rijanto (second right) and Rosmaya Hadi, prepare to disclose the results of the Board of Governors Meeting at BI\'s headquarters in Jakarta on Wednesday (15/8/2018).
JAKARTA, KOMPAS – The policies of Bank Indonesia and the government have not been able to bring a positive sentiment to the market. The rupiah hovered at around Rp 14,900 per US dollar in the past three days, indicating that external factors affected the domestic financial market.
Based on the Jakarta Interbank Spot Dollar Rate (JISDOR), on Friday (28/9/2018), the rupiah was at Rp 14,929 per US dollar. On the market, the rupiah was sold at 14,895 to Rp 14,945 per US dollar. It weakened on Thursday (27/9) at Rp 14,919 per US dollar.