Indonesia Authorized Money Changer

Foreign Investors Switch Investment to the Rupiah

April 25th, 2011 - Tags: , , , , , , , , , , , , , ,
Posted in Umum

RMC -The strengthening of some currencies against the U.S. dollar at the same time make the dollar fall in recent days. Again the Euro on the rise and many are hunted by the investors as a precaution against some negative issues. Crude oil prices are also rising due to the warming political climate in Libya and Nigeria to make oil hired in anticipation of oil scarcity that inevitably make the dollar slumped and investors rollicking divert their investment to a much safer place.

Indonesia became one of the places that feel safe to invest, because foreign investors view Indonesia’s economy is getting better also supported by the positive issues that encourage domestic investors to boost capital inflow into the more automatic and spur the movement becomes stronger rupiah.

Amount at the level of Rp8.610 and may penetrate Rp8.600 if the issues still profitable for Indonesia. This strongly supports the strengthening of the rupiah against the government budget subsidy of fuel oil (BBM) and to curb inflation in the country. (Winnie)