US Dollar Lovers Are Waiting for Jackson Hole, Rupiah Wins Asia

TheRupiah ended its five-day losing streak against US dollars on Monday (5/7/2021). The rupiah is the most performing currency in Asia right now.

US Dollar Lovers Are Waiting for Jackson Hole, Rupiah Wins Asia

Refinitiv data shows that the rupiah opened trading at Rp 14.475/US$ and strengthened 0.38% tereafter. After which, it rose to 0.45%. The strengthening of the rupeh was reduced to 0.2% at Rp 14,475/US$.

The rupiah gained 0.37% to Rp 14,476/US$ at the close of trading. Nearly all major Asian currencies strengthened today against the US dollars, but none as large as the rupiah as of 15:10 WIB. Garuda Currency is now the Asian champion.

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