Friday, January 21, 2011

::Capital Outflow, Rupiah Falls to Rp9.075/USD>>

Go Finance Reporting - Along with the impeachment Composite Stock Price Index (IHSG) and the strong United States dollar (U.S.), the rupiah was again dropped.

Based on the exchange rate of Bank Indonesia (BI), the rupiah in late trade journals (01/21/2011) are in a position Rp9.075 per USD, weaker than the previous day in Rp9.068 per USD.

Meanwhile, according yahoofinance, the rupiah is on the level of Rp9.087, 5 per USD. With a daily trading range is 0.5 to 9 .102,5 Rp9.087 per USD.

The dollar also seem to be rallying on a number of other currencies. Against the euro, the dollar climbed to 1.3547 per U.S. dollar. While against the yen, the dollar is in the position of Rp82, 755 per USD.

Capital outfolw seems to be a threat to the rupiah. Nasution BI governor also confirmed about the capital outflow is happening now.

"Not great but there's only, because that happens not only outflow but moved from one instrument to another," Nasution said. (GoFinance)

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