Indonesia's Rupiah hits 15,000 per US dollar earlier than expected

JAKARTA: Following the fluctuating rupiah in the past several days, the Indonesian currency eventually reached its highest value in April 2020, when its rate was previously recorded in the range between 15,430 and 15,295 against US dollar.

It turned out that rupiah could show its strength when it hit its highest rate of 15,000 to the greenback as recorded on Thursday's closing session of the Jakarta inter-bank market, not until the end of 2020 as expected by the Indonesian central bank's Governor Perry Warjiyo.