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Tuesday, December 3, 2013

Rupiah moves into position Rp11.956 per U.S. dollar



Rupiah moves into position Rp11.956 per U.S. dollar


The rupiah on Wednesday morning to move into position Rp11.956 per U.S. dollar , down 74 points while the sentiment that the Federal Reserve's stimulus reduction of the United States re- emerged .

" The rate of return of dollars stuck with tappering off sentiment , sentiment that made ​​the U.S. dollar continued its appreciation , " said the Head of Research of the Trust Securities , Reza Priyambada .

In addition , he continued , speculation that there is an increased need for the U.S. dollar towards the end of the year for the payment of public and private debt makes the domestic exchange rate becomes depressed .

Nevertheless, he said , Bank Indonesia still keep the domestic currency from continuing depressed deeper .

While market analysts Wisnubroto Bank Rully Arya said , the exchange rate will remain stable after the positive sentiment from the inflation data and the new Indonesian trade balance .

" Fluctuation is likely to be stable , the money market is also awaiting U.S. employment data due to be published this weekend . Data it will send a signal to market participants in anticipation of the Fed's measures related to monetary policy , " he said .

According to him , if the U.S. employment data does not match the expectations of the U.S. Federal Reserve stimulurnya the reduction of the possibility of delayed and the opposite occurs when the possibility of a reduction in stimulus accelerated .

He projected in today's trading the exchange rate will move in the range of Rp11.650 to Rp11.950 per U.S. dollar .

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