Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Rupiah Gains as U.S. Retail Sales Data Allay Slowdown Concern

Aug. 15 (Bloomberg) -- Indonesia’s rupiah advanced, snapping two days of losses, as U.S. economic data tempered concern the global economic recovery is stalling.

The MSCI Asia-Pacific Index of regional shares rose 1.2 percent after the Commerce Department said on Aug. 12 retail sales in the U.S. rose 0.5 percent in July, the most in four months. The world’s largest economy was the third-biggest buyer of Indonesia’s non-oil exports in June, according to official data.

“Better data from the U.S. helped to calm investors,” said Lindawati Susanto, head of treasury at PT Bank Resona Perdania in Jakarta. “Asian stocks and currencies are up.”

The rupiah strengthened 0.3 percent to 8,536 per dollar as of 8:19 a.m. in Jakarta, according to data compiled by Bloomberg.

The currency has appreciated 5.2 percent this year, the second-best performance among Asia’s 10 most-traded currencies excluding the yen, as global investors bought $2.1 billion more local shares than they sold. They boosted ownership of the nation’s bonds by 24 percent to 243.12 trillion rupiah ($28.5 billion) this year through Aug. 11, according to the debt-management office.

To contact the reporter on this story: Suryani Omar in Jakarta at;

To contact the editor responsible for this story: Sandy Hendry at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.