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Weekends, Rupiah Positive Trend

June 11th, 2010 - Tags: ,
Posted in Umum

Ratri - The rupiah exchange rate against U.S. dollar (U.S.) is estimated to strengthen at this weekend transactions. Potential strengthening of rupiah of which triggered weakening U.S. dollar against several currencies of other countries.

Increase in the Dow Jones index on Wall Street in trading Thursday afternoon New York time, or early Friday morning local time, contributed to strengthening some of the currency against the dollar.

Strengthening the rupiah is still very dependent on the latest situation in the European crisis and if you see two days before a positive increase on the opening day of this amount tends to a positive direction.

Rupiah is expected to move in the range 9150 – 9180 but it was likely weaker rupiah would return to levels Rp9.300 per USD. This is due to negative sentiment from the European crisis.