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Investors who come Stabilizing Fund Rupiah Value

March 18th, 2011 - Tags: , , , , , , , , , , ,
Posted in Umum

RMC -The movement of the ups and downs some currency lately very hard to guess, for example, just where on the day yesterday yen touched its highest level against the U.S. dollar on the opening day but this fell back before members of the G 7 countries running its agreement to intervene in its currency value to prevent rising yen could disrupt the stability of Japan’s reconstruction to his destruction.

The same issues ( gold, and oil prices ) are still in some countries plus fears of a nuclear reactor explosion in Japan that remains. This is really disturbing, especially the Japanese who were evacuated safely at a distance of about 30 km but the Government of the United States set a safe distance of more extreme is 80 km and have to close the doors and windows. The impact of the nuclear reactor explosion in Japan is really like a bomb ready to explode in the neighboring country because of concern spread around the world.

But on the contrary, the rupiah was at a relatively stable despite the issues could overshadow Indonesia’s economic fundamentals but the strength capable of reducing market jitters sparked by the entry at once the flow of funds from capital market investors as well start the easing of conflict in the Middle East which also triggered the rupiah in stable position. Although the Composite Stock Price Index (CSPI) had dragged the issue but still, the rupiah was not depressed. Today the rupiah moves in Rp.8767 from his previous position Rp.8775 and is likely to strengthen this weekend. (Winnie)