-3.57 | ABBA 0 
0.00 | ABDA 0 
Rupiah Still Will Stronger!
June 24th, 2010 - Tags: Rupiah strongerPosted in Umum
Ratri – Rupiah movement in today’s trading is predicted to rebound thin although still difficult to penetrate the high level above Rp9.000 per USD.
The decrease in the amount two days earlier more pressure from external triggered, particularly from Europe and the United States.
Rupiah decline triggered several days is more external pressure, such as strengthening Yuan. Dow Jones stock market downturn caused by the problems of BP shares that have not been completed, the French government’s tightening of foreign exchange budget, as well as pressure from regional stock exchanges (JCI).
Today’s trading markets tend to still be monitoring the movement of global markets and Indonesia’s economic fundamentals are strong enough to withstand the crisis, but if the European and U.S. markets weakened again, there will be an economic contraction of the Rupiah.
Rupiah movement will still be around level Rp9.000 per U.S. dollar. Investors were still being cautious, especially the existence of intervention by Bank Indonesia (BI), which certainly will keep strengthening the rupiah does not happen too fast.
