The currency traded at the level of 11,304 per dollar in inter-bank transactions gaining from the level of 11,324 earlier.
The rupiah strengthened on technical factor indicating it was in the process of consolidation after a sharp rise since early last month, Monex Investindo Futures analyst Zulfirman Basir said.
Zulfirman said the rupiah strengthening indicated that the countrys economic fundamental was improving.
Investors also showed optimism ahead of the legislative election giving positive sentiment to rupiah despite being shadowed by worries over the result of the US central bank meeting, he said.
"The Fed is predicted to further cut its financial stimulus reducing its monthly bond buying by US$10 billion," he said.
Investors, however, did not see the Ukraine crisis as a threat to the financial market that market player began to collect more risky assets including rupiah, he said.(*)
Editor: Heru Purwanto
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