Stable rupiah per U.S. dollar position Rp11.601

Stable rupiah per U.S. dollar position Rp11.601


The rupiah in Jakarta interbank traded on Wednesday morning remained stable in position Rp11.601 per U.S. dollar .

" The issue of accelerating the reduction of stimulus United States still dominates and quite burdensome dollars , " said
Head of Research at Trust Securities , Reza Priyambada .

Reza explained , despite concerns that the reduction in the money market financial stimulus The U.S. Federal Reserve will accelerate dollars but still weigh on the euro due to positive economic data from Germany and Italy to make a stable rupiah .

He added that the policy of Bank Indonesia ( BI ) raised its benchmark interest rate ( BI rate) to 7.5 percent is also not able to raise the value of the rupiah against the U.S. dollar .

Market analysts, Bank Mandiri Eka Putri said Renny , market expectation on Indonesia's trade balance deficit which is expected by the end of the year is also one of the factors that make the rupiah continued depressed .

He hopes that Bank Indonesia policy can further withstand more pressure on the rupiah .

" The impact of the increase in the BI rate for dollars does not seem at this time , it dinaikannya BI rate expected to also anticipate inflation expectations ahead of Christmas and New year 2014," he said .