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Home News Oil & Gas Morning Rise rupiah per dollar Rp9.350 Under
Morning Rise rupiah per dollar Rp9.350 Under PDF Print E-mail
Wednesday, 10 February 2010 09:55
Jakarta - Kurs rupiah against the U.S. dollar in the Jakarta interbank spot market, rose Wednesday morning under Rp9.350 per dollar figure that is the second increase this week, after a decline in the level Rp9.400 per dollar.
Value of the rupiah against the U.S. dollar strengthened to Rp9.333-Rp9.9.343 per dollar compared to the previous day's closing Rp9.375-Rp9.385 or up 42 points.

Observers of financial markets, Farial Anwar in Jakarta, Wednesday said the rupiah continues strengthened, because meredanya money market tensions and worries over the euro zone debt crisis.

As a result players chasing the U.S. shares a positive impact on the regional markets that impact the financial markets, especially Indonesia rupiah, he said.

According Farial Anwar who is also Director of Currency Management Group, investors believe the EU will move to address the debt problems the euro zone.

European Union plans to help the Greek budget deficit, he said.

He said the rupiah at that position is actually quite safe because the level of the exporter or importer can make a good business.

"We are optimistic that the market is still positive on the rupiah so that the increase is still continuing," he said. | antaranews.com | tenderoffer.biz |
 
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Home News Oil & Gas Morning Rise rupiah per dollar Rp9.350 Under


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