Indonesia Authorized Money Changer

Rupiah Depressed Capital Outflow

The rupiah is still weakened to reach 1.04 percent. Where attenuation is higher than the average Asian currencies weakened by 0.48 percent.

Foreign capital flows still seem to move out of the market. Rupiah still in the face of market panic pressure occurs in virtually all global markets, could be the trigger of a continuing flow of foreign capital out of Indonesia so that pressing the rupiah trading today.

Investors panic selling, with a total value of USD1 trillion. However, there is the possibility of a sharp decline was caused by an error so that trade on Nasdaq OMX Inc. make the cancellation of trade in stocks that fell above the 60 per cent in trade between the hours of 14:40 to 15:00 local time.

Investors very mengkawatirkan excesses of the debt crisis in Greece against the possibility of political instability in Greece and the possibility of widespread defaults on other EU countries into a European crisis will slow global economic growth and create a tight credit market return