The rupiah traded at Jakarta interbank unchanged Monday morning in value or remained at Rp12.056 per U.S. dollar .
Head of Research at Trust Securities , Reza Priyambada here on Monday said that the rupiah rate tends to remain stable as market participants anticipate the domestic economic data to be published today by the Central Bureau of Statistics .
" The inflation data and Indonesia's trade balance was anticipated domestic financial market participants , " he said .
He expects the Indonesian economic data can withstand external sentiments which tend to negatively responded to the meeting of the Federal Open Market Committee ( FOMC ), which returned to the reduction of bond purchases to 65 billion dollars from the previous 75 billion per month .
Moreover , he added , also overshadowed the impact of a depreciating rupiah number of developing countries including currency exchange rate of the euro .
" Turkey 's central bank move followed South Africa 's central bank raised its benchmark interest rate by only a temporary impact to the financial markets of developing countries and the rupiah has indirectly affected , " he said .
No comments:
Post a Comment