Video: This Sentiment Strengthens the Rupiah to Rp 17,600 per USD

The decline in the US Dollar Index was cited by CNBC Indonesia FX Analyst Elvan Chandra Widyatama as a positive sentiment for the strengthening of the rupiah exchange rate. In addition, turbulence in the US bond market has also encouraged foreign capital inflows into emerging markets, including Indonesia. Domestically, the fit and proper test process to be undertaken by Bank Indonesia governor candidate Destry Damayanti was received quite positively by the market, and is expected to help drive the strengthening of the Garuda currency.