Rupiah Depreciation Hits SUN Market. Yesterday, the rupiah closed at the level of IDR 14,323/USD, down 0.13% from the weekend, based on Bloomberg data. External sentiment still colored the movement of the rupiah exchange rate. On the other hand, the Government Securities (SUN) market is currently overshadowed by the uncertainty of the impact of the new variant of Omicron’s Covid-19, causing volatility in all currency exchange rates, including the rupiah.

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