Tuesday, January 25, 2011

::Will rupiah weakened again?>>

Go Finance Reporting Jakarta - The rupiah seems to be back down again. The fall in commodity prices to be the indication.

"The decline in WTI oil prices will make Asian markets likely to continue decline including one on trade today,"said analyst Samuel Lana Soelistianingsih Securities Indonesia in his research in Jakarta, Tuesday (25/01/2011).

He predicted the rupiah weakened likely to range Rp9.065 thin-Rp9.075 per USD.

Previously, the rupiah weakened in thin trading yesterday, Monday (24/1/2011) closed at Rp9.068 per USD (Bloomberg middle rate), but several other Asian currencies like the won, Singapore dollar notes strengthening against the U.S. dollar States (U.S.).

According to the exchange rate of Bank Indonesia (BI), the rupiah closed stronger to position Rp9.059 per USD, compared with last weekend's trade that is in Rp9.075 per USD.

Meanwhile, according yahoofinance, the rupiah is in a position Rp9.077, 5 per USD, with the trading range from 0.5 to 9 .097,5 Rp9.052 per USD. Observed, U.S. dollar also gained on a number of other currencies. The euro weakened to as low as 1.3574 per USD, while the yen weakened to 82.815 per U.S. dollar.

Meanwhile, most Asian stocks fell, including stock index closed down to 3346.08. While the price of WTI crude oil closed back down to USD86, 67 per barrel. (GoFinance)

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