Rupiah Currencies Strengthens Again
Rupiah against the U.S. dollar on a weekend morning, continuing to strengthen despite thin by 10 points. This strengthening of the crisis triggered by the presence of repair in Europe crisis and the euphoric rise in investment grade Indonesia.
Exchange rate of rupiah in Jakarta interbank on Friday morning rose 10 points to move into position Rp8.950 compared to the previous Rp8.960 per U.S. dollar.
Managing Research Indosurya Asset, Reza Priyambada on Friday said the movement of the rupiah against the U.S. dollar regained some strength triggered by the strengthening of the euro currency.
Strengthening the euro currency in line with the optimism of market players on the raising of the bailout for Europe to improve its debt crisis by the International Monetary Fund (IMF) to one trillion dollars.
On the other hand, the appreciation of the euro against the U.S. dollar was also supported by positive results of the German bond auction and Portugal.
While the internal side, Reza said, the strengthening of the rupiah driven by market participants who still euphoria to increase Indonesia's debt rating to a level of "investment grade" from Moody's Investors Service.
Exchange rate of rupiah in Jakarta interbank on Friday morning rose 10 points to move into position Rp8.950 compared to the previous Rp8.960 per U.S. dollar.
Managing Research Indosurya Asset, Reza Priyambada on Friday said the movement of the rupiah against the U.S. dollar regained some strength triggered by the strengthening of the euro currency.
Strengthening the euro currency in line with the optimism of market players on the raising of the bailout for Europe to improve its debt crisis by the International Monetary Fund (IMF) to one trillion dollars.
On the other hand, the appreciation of the euro against the U.S. dollar was also supported by positive results of the German bond auction and Portugal.
While the internal side, Reza said, the strengthening of the rupiah driven by market participants who still euphoria to increase Indonesia's debt rating to a level of "investment grade" from Moody's Investors Service.
posted by Top up at
10:55 AM
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