Nilai Tukar Rupiah Menguat ke Level Rp 14.103 per Dolar AS

The rupiah exchange rate interbanked in Jakarta, Friday afternoon, moved up by 45 points to Rp14,103 compared to the previous position of Rp14,148 per US dollar.

Samuel Sekuritas economist Ahmad Mikail in Jakarta said Friday that the rupiah exchange rate stabilized with a tendency to strengthen as the minutes of the Dovish Federal Open Market Committee (DOM) meeting minutes.

"We expect the Fed will only raise interest rates three times this year, but with record inflation in the US in April quite strong," he said.

If inflation in the US is lower than the estimate, he added, then it could be the yield of US bonds will be more flattening (flattening). "It is therefore very important to look at inflation data in April to see the direction of Fed policy in the second half of 2018," he said.

He added that the pressure from externals that tends to ease it will push investors back into the stock and bond markets within the next one to two months.

In the middle rate of Bank Indonesia (BI) on Friday (25/5) recorded the rupiah exchange rate moved up to position Rp14.166 compared to the previous position of Rp14.205 per US dollar.

The newly inaugurated Bank Indonesia (BI) Governor Perry Warjiyo promised a strengthening of monetary policy through benchmark interest rates and market intervention to stabilize the weakening rupiah exchange rate. The rupiah has weakened four percent since January-May 21, 2018.

"I will prioritize monetary policy to stabilize the rupiah exchange rate with a combination of interest rate policy and double intervention," Perry said in his first statement after being inaugurated at the Supreme Court, Jakarta, Thursday (24/5).