The rupiah surged against the US dollar on the Jakarta interbank spot market here early Monday as investors continued to buy the local unit.
The Indonesian currency traded at Rp9,890-Rp9,900 per US dollar, up 30 points from Rp9,920-Rp9,935 at the market`s close over last weekend.
The rupiah gained because investors were still optimistic about the Indonesian market, bolstering foreign investment in the domestic market, Edwin Sinaga, a domestic money market observer, said here on Monday morning.
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