Finally Stronger Rupiah

Finally Stronger Rupiah - Amount at the beginning of this week managed to move gained 7 points after last week moving to weaken. Exchange rate of rupiah against the U.S. dollar in the Jakarta interbank spot market on Monday (1/24/2011) morning gained 7 points to the position of USD 9057 USD 9064 than ever before."Domestic currency managed to rebound against the U.S. dollar triggered by data growth in domestic economic fundamentals are better.However, he continued, positive sentiment which makes the domestic currency exchange rate is still very minimal increases both domestically and from abroad. "The strengthening of rupiah is still a massive visible movement rupiah from day to day moving narrow.He added that the external market is still giving a positive value of Asian markets, especially Indonesia, which continues to encourage foreign players back to playing for the buying of shares and also trigger the rupiah to strengthen. "We are optimistic that market participants will enter the market to buy dollars to play stock.

He said growth in U.S. economic fundamentals a little restrained by the U.S. housing market data still would show weakness. "Well, it's momentum in the domestic currency to strengthen. U.S. State can not fully re-grow quickly. Thus foreign players to come back into the country as Indonesia's economic growth is predicted to improve.He added that Indonesia's economic growth expectations are quite good in the first quarter thus increasing confidence in the Indonesian rupiah strengthened. "I believe that Indonesia will continue to grow this quarter to the next.

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Finally Stronger Rupiah

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