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Saturday, 18 April 2020 12:49

Rupiah strengthens to Rp15,438 per US dollar on Friday morning

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The Indonesian rupiah strengthened against the US dollar in the Jakarta interbank market on Friday morning, on the back of positive sentiment toward risk assets.The rupiah soared 202 points, or 1.29 percent, to Rp15,438 as compared to Rp15,640 per US dollar earlier."This morning, risk assets received a positive sentiment after some European countries and the US announced plans to lift the coronavirus lockdown, to revive their economy along with a slow pace of spread of coronavirus," Monex Investindo Futures Chief Researcher Ariston Tjendra stated in Jakarta on Friday as quoted by Antara.US President Donald Trump had recently announced a guide to lifting the coronavirus lockdown in three phases, and 29 states can lift it in the near future//Ant

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