"The rupiah value fell again with worries over the impact of the plan to raise the prices of subsidized oil fuels (BBM)," economist from Samuel Sekuritas Rangga Cipta said.
Bank Indonesia is expected to take a number of policies to ensure that inflation will remain under control after the BBM price hike, Rangga said.
He said the possibility of rupiah regaining its lost value is open with the countrys current account deficit narrowing to 3.07 percent of the Gross Domestic Products (GDP).
Meanwhile, the financial market players are awaiting inflation and GDP data of European countries and US retail sales.
Chief researcher of Monex Investindo Futures Ariston Tjendra said the rupiah gain on rupiah was curbed by anticipation of financial market players of a number of data to be released by the European Union and the United States.(*)
Editor: Heru Purwanto
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