Go Finance Report - After the rose in trading yesterday, the rupiah weakened due to expected negative sentiment that exists.
"The decline in WTI oil prices could make a slightly negative market sentiment today, including the rupiah,"said analyst Samuel Lana Soelistianingsing Securities Indonesia in his research on Thursday (12/30/2010).
He explained that currently there is no positive sentiment from within the country and the atmosphere of a holiday hit Jakarta, but rising oil prices through the level of USD90 per barrel does make Asian currencies and the stock rose.
"We estimate there is a tendency rupiah weakened slightly to a range of Rp9.010-Rp9.020 per USD," he said.
Previously, the rupiah closed sharply in Rp.9.002 per USD (Bloomberg middle rate) and the IHSG closed up to 3699.22. WTI price increases within a few days earlier seemed restrained, WTI oil prices closed slightly down to USD91, 12 per barrel in trading yesterday.
Meanwhile, according to the prevailing Bank Indonesia (BI) in late trading Wednesday (12/29/2010) close higher to Rp9.014 per USD, compared to the end before the close of trading on the Rp9.032 per USD. And according yahoofinance, the rupiah is on Rp9.002, 5 per USD, with a range of average daily trading 0.5 to 9 .032,5 Rp9.002 per USD. (GoFinance)
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