The currency traded at the level of 14,680 per dollar on Monday morning from earlier level of 14,668.
Senior analyst from CSA Research Institute Reza Priyambada said sentiment from the United States with the policy of The Fed has again determined the fall and rise of the rupiah value against the U.S. currency.
"The Fed still is considering raising its fund rate triggering the dollar rise," Reza said.
However, the rupiah fall in value was only limited because of conducive domestic sentiment, he said.
"The country`s economic growth is considered good and solid. The GDP in the third quarter of 2018 grew 5.17 percent stronger than expectation of 5.14 percent," he said.
Economist of Samuel Aset Manajemen Lana Soelistianingsih said the fall of strong currencies in Asia such as yen and Singapore dollar on Monday morning contributed to the rupiah fall against the U.S. dollar.
"It was possible that the fall of yen and Singapore dollar brought about negative sentiment on the rupiah," she said.
In addition the widening current account deficit in the third quarter of this year contributed to the negative sentiment weakening rupi8ah, she added.
Reporting by Zubi Mahrofi
Editing by Albert Saragih, Fardah Assegaf
Reporter: Antara
Editor: Suharto
Copyright © ANTARA 2018
