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Exchange rate of rupiah against the U.S. dollar in the Jakarta interbank spot market on Tuesday (8 / 9) strengthened through rate Rp 10,000 per U.S. dollar, as market participants increasingly active off the dollar.
The rupiah against the dollar increased to Rp 9995 to Rp 10,000 per dollar compared to the previous day's closing Rp 10,055-Rp 10,065 or up 60 points.Money market observer Edwin Sinaga in Jakarta, Tuesday said the dominance of financial markets in the action off the dollar, they want to have dollars to spend before the arrival of Eid."Action big bucks off that triggered the rupiah rose sharply, so the psychological barrier meliwati rate Rp 10,000 per U.S. dollar.

According to Edwin Sinaga, also Director of PT Finan Corpindo Nusa, the market there are no positive factors which encourage the rupiah strengthened sharply, especially from internal, only Indonesia's macroeconomic fundamentals remain strong. "We are optimistic that the rupiah will continue to be strengthened to avoid rate Rp 10,000 per dollar," he said.

Edwin Sinaga said the current increase in the rupiah is still considered small because the distance from the five percent who got only 60 points or 0.6 per cent increase from the current position of Rp 10,000 per dollar. "Because it was a good money market activities of the volume and transactions are relatively small," he said.

Asked increase in the rupiah has something to do with falling interest rates, according to him is not likely, because the decrease in bank interest is still relatively small. "We are optimistic that the increase due to market demand for dollars increases.

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5 Responses so far.

  1. siais says:

    Lanjutkan terus Rupiah sampai titik terendah...

  2. Ma says:

    mnatap rupiah tuh

  3. investing says:

    nice infonya sekalian sedekah

  4. Hi my dear friend, Thanks 4 the visit, how are you? sorry i'm late, wish you all the best ....:thumbsup:"

  5. i like this article.. nice and cool keep blogging

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