Chief researcher of Monex Investindo Futures Ariston Tjendra said the rupiah gained over the dollar which is under pressure from a number of world currencies amid the oil price hike.
"The oil price hike at more than US$60 per barrel contributed to rising of commodity based currencies including rupiah," Ariston said.
The price of WTI Crude rose 0.39 percent to US$61.87 per barrel, and Brent Crude rose 0.09 percent to US$67.90 dollar per barrel on Thursday.
Ariston said data that showed an increase about China`s economy the world`s second largest, helped strengthen rupiah.
"Improved Chinese economy gave rise to hope of improved in the regional economy including Indonesia," he said.
(T.SYS/B/H-ASG/A014)
Reporter: antara
Editor: Heru Purwanto
Copyright © ANTARA 2018
