Rupiah traded among banks , on Monday morning , strengthened against the U.S. dollar by 84 points to Rp11.910 compared to the previous position ( 6/12 ) , Rp11.994 per U.S. dollar , after Chinese economic data showed improvement .
Analysts Futures Monex Investindo , Zulfirman Basir , on Monday said one of them pushed the rupiah strengthening Chinese economic data improved so as to give hope of stabilizing the country's economy in Asia .
" It can provide positive sentiment given China's economic recovery may lead to expectations of Indonesia's trade balance fixes . China one of Indonesia's major trading partners , " he said .
Nevertheless , he continued , the rupiah is still concerned about the potential reduction in Federal Reserve stimulus in the near future after the publication of U.S. employment data improved .
"In addition , investors also await the announcement cautious Indonesian economic policy package to see the seriousness of the government overcome the economic slowdown , inflation , trade deficit , " he said .
He projected movement of dollars in the money market may trade in a range Rp11.870 - Rp12.070 for today .
Meanwhile , analyst Platon Niaga Futures , Lukman Leong , said , if the exchange rate can not survive in the positive area in December next year it is expected to be in a correction .
"If dollars was not immediately strengthened in this month , then to maintain the stability of the domestic exchange rate next year will be more severe due to the stronger tappering issue , " he said .
According to him , the level at Rp12.000 rupiah per U.S. dollar may still be acceptable to the market with a number of risks follow .
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