The Rupiah Exchange Rate Today Moves to Range 13,546-13,326

By : Abraham Sihombing And Aldo Bella Putra | Wednesday, October 25 2017 - 18:00 IWST

Mata uang Rupiah (Foto Ist)
Mata uang Rupiah (Foto Ist)

INDUSTRY.co.id - Jakarta - The rupiah exchange rate against the US dollar (US) on Wednesday trading (25/10/2017) is expected to move in the range of Rp13.546-13.326 per dollar. That happened after the rupiah in yesterday's trade strengthened to the level of Rp13.529 per dollar.

"The rupiah exchange rate today is likely to weaken slightly and test the support level of Rp13.546 per dollar," said Reza Priyambada, an analyst at PT Binaartha Sekuritas, in Jakarta, Wednesday (25/10/2017).

Reza argued, the strengthening of the rupiah exchange rate yesterday just happened for a moment and must be re-tested to find out its continuation. Therefore, positive sentiment from the domestic market is expected to support the rupiah to remain appreciated.

However, Reza hopes that the weakening rupiah exchange rate that occurs today can be more limited so that market participants remain wary of sentiment that can re-hold the potential strengthening of the rupiah exchange rate. (Abraham Sihombing)

News Comment

Today's Industry

SUNeVision Initiates MEGA IDC Phase Two Development

Jumat, 28 Maret 2025 - 22:21 WIB

SUNeVision Initiates MEGA IDC Phase Two Development

SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

 PT Metrodata Electronics Tbk (“MTDL”)

Jumat, 28 Maret 2025 - 22:07 WIB

TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary

PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Wireless Logic

Jumat, 28 Maret 2025 - 22:00 WIB

Wireless Logic Selected By Thales As IoT Connectivity Partner

Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Microvista Expands International Presence with Mobile CT System ScanExpress

Jumat, 28 Maret 2025 - 21:53 WIB

Microvista Expands International Presence with Mobile CT System ScanExpress

The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…

Pekerja Industri Tekstil

Jumat, 28 Maret 2025 - 21:44 WIB

Turning Loss into Profit, INOV Optimistic in Maintaining Positive Performance this Year

PT Inocycle Technology Group Tbk (INOV:IJ) Indonesia's leading and largest PET waste recycling Company managed to book sales of IDR 629 Billion in 2024, an increase of 4.8% compared to the previous…