JAKARTA (Yosefardi) – The rupiah weakened further 0.16% to Rp12,781 against the US dollar at mid day, have fallen 13% since April 8, 2014, its strongest level in past one year.
Concern on the Greece’s bailout have led the market into nervous after talks failed to bridge differences over the aid program that the Greek government blames for economic hardship.
The release of improving job openings in U.S. was the main factor of the dollar strength. While market players in the country are awaiting the release of current account transaction and the benchmark BI Rate next week.