Friday, February 25, 2011

::Depressed, Rupiah still falls Weekend>>

Go Finance Reporting in Jakarta - Rupiah seems to experience the pressure and eventually weaken over the United States dollar (U.S.). In fact, other world major currencies rose on Uncle Sam's country's currency this.

Rupiah, according to the exchange rate of Bank Indonesia (BI) on Friday (02/25/2011) stagnated at the level of Rp8.858 per USD, compared to Rp8.857 per USD in the previous trading period.

According yahoofinance, the rupiah weakened to Rp8.832, 5 per USD with a daily trading range between Rp8.832,5-Rp8.862,5 per USD. In fact, the dollar is now looking to move to weaken. The euro rose to 1.3819 per USD, the yen rose to 81.875 per USD, the Australian dollar strengthened to 1.0125 per U.S. dollar.

Indonesian Securities analyst Samuel Lana Soelistianingsih said the U.S. economy more stable is shown by the increase in orders for durable goods in January by 2.7 percent mom, up from negative 0.4 percent mom last December in line with increased demand for aircraft.

But orders excluding transportation equipment fell (negative) 6.9 percent mom, mom from positive 4.3 percent in December last. This decrease indicates the weakness of demand for capital goods.

Nevertheless, the manufacturing sector will still be strengthened to encourage economic growth. Employment data also show improvements, applications for jobless benefits dropped by 22,000 to 391,000 in the third week ago. (GoFinance)

No comments:

Post a Comment