Rp12.080 rupiah per U.S. dollar on Monday morning
The rupiah traded among banks in Jakarta on Monday morning yet in a position to move its value Rp12.080 per U.S. dollar .
" Rupiah currency tends to remain stable despite U.S. economic data overshadowed positive inclined , " said the Head of Research Investindo Futures Monex , Ariston Tjendra on Monday .
He added that the U.S. economic recovery makes speculation the U.S. Federal Reserve ( the Fed ) will continue the reduction of financial stimulus .
" Market participants are more inclined to expectations that the Fed will reduce the stimulus , and it can support the strengthening of the U.S. dollar , " he said .
He said , the U.S. dollar index is still potentially survive in the area following a positive outlook for Chinese economic slowdown , triggering demand for the U.S. dollar as a safe haven .
Head of Research at Trust Securities , Reza Priyambada add U.S. jobless claims data showed the U.S. economy fell back tends to recover so vulnerable rupiah slid back .
From within the country , he added , inflation expectations are high this year again shadowing the exchange rate movements .
However, Reza said , optimism rise in foreign exchange reserves in the ASEAN countries , including Indonesia, are expected to be able to withstand more pressure on the domestic currency .
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