NewzThe Indonesian rupiah weakened against the United States dollar during Monday morning trade, dropping 57 points or 0.32 percent. According to the reported data, the local currency depreciated to a level of Rp17.750 per US dollar upon market opening.
The downward movement in the rupiah's value occurred in tandem with hawkish remarks delivered by the Chair of the United States Federal Reserve, which influenced currency market dynamics at the start of the week.
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