Go Finance Reporting Jakarta - For this year, the value of United States dollars (U.S.) predicted to be approximately 20-30 percent weaker against other major currencies in the world.
"This year, the U.S. dollar will weaken 20 to 30 percent against major currencies in the world. The cause of impairment is printing money. Like it or not, whatever they were talking, they will print money," said Vice President of Research and Analyst Valbury Asia Futures Nico Omer Jonckheere at the event Launch of Indonesia Financial Expo & Forum 2011 in FX, Jakarta, Wednesday (02/02/2011).
In trading Wednesday (02/02/2011), seemed to weaken the dollar over other currencies. In contrast, the majority of the world's major currencies also strengthened against the dollar. The euro rose to 1.3835 per USD, pound rose to 1.6176 per U.S. dollar. While the yen weakened to 81.465 per U.S. dollar.
While the rupiah, according to the exchange rate of Bank Indonesia (BI) in late trading Wednesday (02/02/2011) top dollar rose to Rp9.017 per USD, compared to the previous day in Rp9.042 per USD. Meanwhile, according yahoofinance, the rupiah strengthened to the Rp9.007, 5 per USD, with daily trading range in the 0.5-Rp9 Rp9.002 .012,5 per USD.
He added that the rise of the dollar will affect the general rise in commodity prices and rising oil prices. "It means that the deficit continues to rise, oil prices will rise. Commodities in general will rise," he said.
The louder he said that America today is really in a state of bankruptcy. "America is a de facto bankrupt, obviously very bankrupt," he stated. (GoFinance)
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