The rupiah appreciated on Tuesday afternoon by 26 basis points to end the day at 11,681 per US dollar.Monex Investindo Futures research head Ariston Tjendra said that external factors, primarily the meeting between the Russian and Ukrainian presidents, had strengthened the global financial market, including Indonesia.”Market players are expecting the conflict in Ukraine to ease immediately,” Ariston said in Jakarta on Tuesday as quoted by Antara news agency. He also said that the US dollar had received negative sentiment from the market due to the lower than expected US house-sales data.Separately, Bank Himpunan Saudara analyst Rully Nova said that technical …read more
Source: The Jakarta Post
