The rupiah exchange rate in Jakarta interbank transactions moved higher on Wednesday morning by two points to Rp9.040, compared to where it previously closed at Rp9.042 per U.S. dollar.
"Domestic financial markets are technically stronger after experiencing a negative response to the cuts in the rankings of six EU countries by Moody's," said Samuel Securities analyst Lana Soelistianingsih here on Wednesday.
Lana said that the cuts were due to the uncertainty of fiscal reforms and the economic framework, while the available resources to address the crisis remain limited.
She further said that the EU faces a weak macroeconomic outlook.(IGT)
Editor : Masuki
COPYRIGHT © ANTARA 2026
Dilarang keras mengambil konten, melakukan crawling atau pengindeksan otomatis untuk AI di situs web ini tanpa izin tertulis dari Kantor Berita ANTARA.
