| Tend Morning Rupiah Stable |
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| Thursday, 11 February 2010 10:24 | |||
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Jakarta
- Kurs rupiah against the U.S. dollar in the Jakarta interbank spot
market, was stable Thursday morning, because the foreign market players
especially careful to play in the market after the U.S. Federal Reserve
Governor Ben Bernanke said weighed the prospects for the bailout Greece. Value of the rupiah against the U.S. dollar reached Rp9.350-Rp9.360 per dollar compared to the previous day or Rp9.355-Rp9.365 up five points. Money market observer Edwin Sinaga in Jakarta Thursday said the statement the U.S. central bank governor was causing unrest and investors questioning when the U.S. can get out of the monetary stimulus. U.S. central bank keep interest rates low, he said. Unrest investors, according to him made them take off his shares in the U.S. market so that the index has a price correction. This condition is caused market players in the domestic market carefully to enter the market further, he said. He said the rupiah is likely to strengthen further, but the regional market conditions hold erratic movements. Yet the market is still positive so that the Indonesian currency increases thin, he said. | antaranews.com | tenderoffer.biz |
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