Rupiah traded among banks in Jakarta on Tuesday afternoon appreciated by 23 basis points to Rp 11,663 per US dollar from the previous Rp 11,686 per dollar.“The easing of global geopolitical tension has resulted in positive sentiment toward the rupiah,” Monex Investindo Futures analyst Zulfirman Basir said in Jakarta on Tuesday as quoted by Antara news agency.The governments of Russia and Ukraine have met and discussed solutions to resolve the conflict.In addition, Israel and Palestine have both agreed to extend the cease-fire in Gaza.However, he said that the appreciation of the rupiah had been limited as market players waited for …read more
Source: The Jakarta Post
