Tuesday, May 7, 2013

Today, Rupiah're Everywhere estimated Rp 9730 to Rp 9,740 per U.S. dollar


The rupiah will be re-tested its strength in trading Tuesday (05/07/2013).

Secure Bank Indonesia, the rupiah is expected to remain awake movement.

Relatively stable rupiah exchange rate closed at Rp 9736 per U.S. dollar USD (Bloomberg middle rate) in yesterday's trading.

It was in the middle of most of the weakness of other Asian currencies. The yen weakened to 99.36 per U.S. dollar.

Strengthening also occurs in most of the Asian markets including Indonesia Stock Exchange (IDX) which closed up to 4991.87.

While global markets closed down. The Dow Jones fell 0.03 percent to 14,968.9 and the yield on 10-year treasury bond closed up to 1.755 percent (0.015).

Asian markets tend to be positively visible from the index futures. According to economist Samuel Securities, Lana Soelistianingsih, it may still respond to decline in interest rates European Central Bank.

"For we expect the rupiah is still maintained in the range between USD 9730-9740 per U.S. dollar," said Lana.
 
Sources:
http://bisniskeuangan.kompas.com/read/2013/05/07/08500671/Hari.Ini.Rupiah.Diperkirakan.Akan.Berada.di.Rp.9.730Rp.9.740.per.Dollar.AS

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