JAKARTA, March 31 (Xinhua) -- The exchange rate of the rupiah, which was transacted at the Jakarta inter-bank spot market on Tuesday morning, moved to strengthen as the Chinese economy began to recover.
At 09:41 a.m. Indonesian Time, the rupiah moved to strengthen by 13 points or 0.08 percent to 16,325 rupiahs per U.S. dollar from 16,338 against the greenback on the previous day, Indonesia's national news agency Antara noted here on Tuesday.
The Indonesian currency got a positive sentiment from the index data on China's manufacturing and non-manufacturing activities for March, exceeding expectations, Chief Researcher of the Monex Investindo Futures, Ariston Tjendra, was quoted by Antara as saying.
The recovery of the Chinese economy could help the economies of countries that need Chinese materials and market, the stock market researcher said.
