Senior analyst of CSA Research Institute Reza Priyambada said negative sentiment in the country was not too bad to keep rupiah from gaining strength.
Reza said the impact of the appreciation of the euro has contributed to rupiah rise in value.
The euro strengthened on an agreement between Britain and the European on the Brexit.
Some observers, however, said the euro strengthening would not last long considering the direction of the policy of the European Central Bank (ECB).
"ECB October Meeting Minutes that would give indications of the direction of the monetary policy of the bank especially in helping banks to prop up euro zone economic growth," Reza said.
Reporting by Calvin Basuki
Editing by Bustanuddin
Reporter: antara
Editor: Heru Purwanto
Copyright © ANTARA 2018
