Indonesia Authorized Money Changer

DOW JONES
1.24%
10447.93
NASDAQ
0.00%
2233.75
Shanghai
0.08%
2698.36
HANG SENG
0.22%
21401.79
Kuala Lumpur
-0.03%
1434.27
NIKKEI
-0.81%
9226.00

Rupiah Still Will Continue Strengthening

July 29th, 2010 - Posted in Umum

Ratri -The strengthening of rupiah for a few days yesterday seems to still be continued in today’s trading. This is because of the influence of the euro is still going to have strengthened. However, the strengthening rupiah Opportunities still exist but still seems to be guarded by Bank Indonesia (BI) in order not to strengthen too quickly.

On the other hand, is associated with a significant drop in gold prices in recent months in many commodity markets become a safe haven for investors.

So, when the market is beginning to stabilize, then reduce portfolio investors in gold to be transferred on risk assets like stocks and forex.