Jakarta (Antara Bali) - The rupiah rose slightly by two points against the dollar on Monday evening on positive expectation of the Indonesian economy.

The local unit traded at Rp9,708 in the Jakarta interbank spot market on Monday evening compared to Rp9,710 per dollar at the weekend.

The positive fundamental of the Indonesian economy served as one of the catalysts for the rupiah to strengthen against the dollar, analyst Reza Priyambada of Trust Securities said.

"The rupiah's exchange rate against the dollar rebounded after the US data showed no signs of progress," he said. (*/M038)




: M. Irfan Ilmie

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