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Rupiah Slightly Weakens against US Dollar

JAKARTA LIFE'S STYLE

The rupiah slightly weakened against the US dollar in the Jakarta interbank spot market here Friday morning on profit taking moves.

The Indonesian currency traded Rp8,924-Rp8,934 per US dollar, down four points from Rp8,920-Rp8,930 per US dollar at the market’s close a day earlier.

The rupiah’s depreciation was normal after the local currency had strengthened over the past few days, according to Rully Nova, a research analyst of PT Bank Saudara Tbk.

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