Thursday, January 6, 2011

::Profit Taking, the rupiah weakened to Rp8.992/USD>>

Go Finance Reporting - The exchange rate seems to weaken. The pressure on the rupiah was in line with the profit taking of whack Composite Stock Price Index (IHSG).

Amount, according to the exchange rate of Bank Indonesia (BI) at the end of trading today, Thursday (06/01/2011) weakened to USD8.994 per USD, compared with the previous trading day which is on Rp8.987 per USD.

Meanwhile, according yahoofinance, the rupiah is in a position Rp8.992 per USD, with daily trading range of 0.5 to 9 .002,5 Rp8.982 per USD. But, the dollar looks weak against the euro. Where the present value of 1.3129 euros per U.S. dollar. But it is precisely the value of the dollar against the yen rose to 83.015 per U.S. dollar.

From the outside, the world crude oil prices still above USD90 per barrel level in Asian spot market this afternoon after reports employment data United States (U.S.) a better than expected. That is shore up investor optimism about the demand for crude oil continues to rise.

As quoted by the Associated Press (AP), Thursday (06/01/2011), crude oil for delivery in February only rose one cent to USD90, 31 per barrel in electronic trading on the New York Mercantile Exchange (Nymex).

U.S. private sector has opened up 297 thousand new jobs last month, an increase of up to three times more than originally expected by economists. This positive signal was already pushing the S & P 500 rose 0.5 percent early last week.

In addition to data about U.S. unemployment, the decline in crude supplies during this week also helped push oil prices becomes more sloping. U.S. Energy Department announced that U.S. crude inventories had fallen 4.2 million barrels, or 1.6 million barrels lower than previously estimated. (GoFinance)

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