Saturday, December 18, 2010

::This time, Rupiah line with JCI>>

Go Finance Reporting - After weakening, the rupiah strengthened although ultimately only two points. The trigger U.S. dollar (U.S.) who began to strengthen again weakened again.

Rupiah, based on the exchange rate of Bank Indonesia (BI) in late trade on Friday (12/17/2010), the rupiah strengthened to Rp9.034 per USD from the previous trading at Rp9.036 per USD. Meanwhile, according yahoofinance, the rupiah was in Rp9.035 per USD, with an average daily trading in Rp9.032-Rp9.050 per USD.

Indonesian Securities analyst Samuel Lana Soelistianingsinh explain if the data from the Labor Department's jobless claims fall 3000 record to 420 thousand in the second week of December. Home sales also began to increase to 550 thousand annual rate in November, an increase of 3.9 percent (mom).

Meanwhile, the general economic index published by the Reserve Bank of Philadelphia's increased to 24.3 Bloomberg survey median exceeded expectations in 15.

The improvement in U.S. economic data in November was greeted positively by the increase in the Dow, T-bond yields on ten-year tenured, and the U.S. dollar strengthened against Asian currencies.

"Crude oil prices also fell as the trend of U.S. dollar began to strengthen. Global Investors is expected to begin to focus on U.S. economic recovery is getting stronger," he explained. (GoFinance)

No comments:

Post a Comment