09.03
Rupiah Penetrating in Rp 12 Thousand
Muhammad Rozif Abdulloh
Dock it shares a subsidiary of the Bakrie Group to complete its bleak financial markets of Indonesia yesterday. In the closing trading, the exchange rate of rupiah is at the level of Rp 11,750 per U.S. dollar (USD), fall 50 points compared to closing the previous trading day. Rupiah worrying because the trade in the morning session had darted to penetrate level of Rp 12,050 per USD, the lowest level since formed decades ago. USD movement to continue appreciating, including almost all of the currency area.
Meanwhile, in the bourses, the combined share price index (IHSG) moving parallel follow the movement of the area and the global exchange of territory toward the red. In trading yesterday, the index weakened 3.8 percent (47.07 points) to the level of 1189.86. Position index currently hold close to the lowest point last October, in which the index level perch in 1089. Group of 45 leading shares, the index LQ 45, diminished 12.52 points (5.24 percent) to 226.49 level.
BI Governor Boediono said, the central bank will keep the rupiah on a realistic position. Boediono hoped, investors have started to release his dollar, especially in the time value is very high. "We also want to prevent people also think the rupiah level like this, the dollar's not removed? This is a good price," said the former Coordinating Minister for the Economy.
According to the teachers of the University of Gadjah Mada, the weakening of rupiah due to increased dollar demand, mainly for debt repayment of foreign exchange. "I think this problem of supply and demand. There are (needs) corporation, import, and I think it also requires state-owned enterprises (dollars)," Boediono said. (Eri / sof / e)
Meanwhile, in the bourses, the combined share price index (IHSG) moving parallel follow the movement of the area and the global exchange of territory toward the red. In trading yesterday, the index weakened 3.8 percent (47.07 points) to the level of 1189.86. Position index currently hold close to the lowest point last October, in which the index level perch in 1089. Group of 45 leading shares, the index LQ 45, diminished 12.52 points (5.24 percent) to 226.49 level.
BI Governor Boediono said, the central bank will keep the rupiah on a realistic position. Boediono hoped, investors have started to release his dollar, especially in the time value is very high. "We also want to prevent people also think the rupiah level like this, the dollar's not removed? This is a good price," said the former Coordinating Minister for the Economy.
According to the teachers of the University of Gadjah Mada, the weakening of rupiah due to increased dollar demand, mainly for debt repayment of foreign exchange. "I think this problem of supply and demand. There are (needs) corporation, import, and I think it also requires state-owned enterprises (dollars)," Boediono said. (Eri / sof / e)
