REPUBLIKA.CO.ID, JAKARTA -- The Indonesian currency rupiah lost some of its value in the closing session of inter-bank transactions on Tuesday on uncertainty in trade war. The currency traded at the level of 14,624 per U.S. dollar losing 75 points from earlier level of 14,549.

Analyst of Valbury Asia Futures, Lukman Leong said external sentiment was the main cause of the rupiah fall in value.

"The position of the currencies of developing economies including rupiah are still influenced by uncertainty in trade war between the United States and China. The condition prompted the market players to put their fund in more liquid assets, in this case the U.S. dollar," Lukman said.

He said the currencies of developing economies become less attractive as the investors still consider possible trade ware to break out again.