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The rupiah weakened due to the influence of still high oil prices.

World 1 source 1 country 🔦 Under-reported 23h ago

The Indonesian rupiah weakened against the United States dollar during Thursday's trading session. The currency depreciated by 38 points, representing a decline of 0.12 percent by the market close.

This downward movement in the rupiah's value is attributed to the continued high price of global oil. The persistent strength of oil prices remains a primary factor influencing the current performance of the currency in the foreign exchange market.

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Read the full story at the source Antara News (Jakarta, Indonesia) · ID
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