Jakarta, CNBC Indonesia- The depreciation of the Rupiah exchange rate continued and reached the level of IDR 16,240 per US Dollar in trading on Tuesday (23/04).

President Director of Samuel Asset Management, Agus Basuki Yanuar sees the weakening of the Rupiah in a condition that is parallel to the weakening of other countries' currencies due to the rise in the dollar index.

For mutual funds, the weakening of the Rupiah will have an impact on dollar-based mutual fund products which are still the investment allocation choice. Currently, the majority of demand for dollar-based mutual funds is insurance.

What impact will the weakening Rupiah have on the mutual fund industry? For complete details, see Anneke Wijaya's dialogue with the President Director of Samuel Asset Management, Agus Basuki Yanuar at Power Lunch,CNBCIndonesia (Tuesday, 23/04/2024)