2.09 | ABBA -3 
-2.43 | ABDA 0 
Early Week, Rupiah Projected Translucent Rp9.000
April 12th, 2010 - Tags: capital flow, dollar, foreign, usdPosted in Umum
Ratri- foreign funds coming into the Indonesian capital market has not shown a decrease, any amount will be solidified into projected through Rp9.000.
One of the drivers of capital inflow, it is tangled political situation in Thailand and the entry of foreign funds was the strong stock price index (IHSG).
The euro rose above 1.3360 USD to the trade’s until this morning. This is because of comments from ECB president Jean-Claude Trichet, that reduce the deficit issue of concern to the Greek market.
Trichet said that Greece will not experience default on its debt. The same was stated by the economic ministers of Greece, Louka Katseli yesterday.
But before and Katseli Trichet comments, the euro experienced significant pressure against the USD to 1.3282. The euro also declined over time until the Japanese virtual money to its lowest level for almost 10 days, at 123.41.
