Thursday, December 23, 2010

::"Rupiah It Down, Not Up!">>

Go Finance Report - the recent strengthening of the rupiah against the U.S. dollar capital markets analyst Farial denied Anwar.

"I do not agree if someone said that the rupiah has strengthened, because the dollars actually decreased," he said in a seminar of Indonesian Economic Projections, 2011, at Hotel Atlet Century Park, Senayan, Jakarta, Thursday (23/12/2010).

This expresses the fact Indonesia is the weakening of Asian countries that experienced the greatest currency during the period of seven years (2003-2010). "So if someone said that no war currency that is not true, because all positive values," he added.

Currently, all currencies in Asia have strengthened against the U.S. dollar, but Hong Kong dollars and the dollar weakening even experienced.

Noted, the rupiah itself currently in the position of minus 6.1 percent, while Hong Kong dollars minus 0.3 percent. While the Thai baht rose 31.9 percent, Singapore's dollar rose 30.1 percent, and the Japanese yen gained 29.2 percent.

As for the U.S. dollar itself has strengthened against the euro by 6.9 percent, but minus 10.7 percent of British pounds. (GoFinance)

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