Go Finance Reporting in Jakarta - The rupiah movement this afternoon closed a bright cheerful. In line with the movement of the Composite Index (IHSG), which skyrocketed, the exchange rate of the country is secure in the range of Rp8.852 per USD.
Based on the exchange rate of Bank Indonesia (BI), Friday (02/18/2011), at the level Rp8.858 rupiah per U.S. dollar. While based on yahoofinance, the rupiah was comfortable in Rp8.852, 5 per USD with a daily range-Rp8.872 Rp8.837 per USD.
While the movement of the euro against the U.S. dollar weakened and is in the position of 1.3574, and the U.S. dollar against the Japanese yen strengthened to a record 83.45.
Previously, the rupiah movement today was predicted to be stronger where the rupiah will reach a new equilibrium level of per USD Rp8.800 which is likely still will last long enough to help reduce inflationary pressures.
In addition, foreign selling pressure continued in the Indonesian stock market despite Composite Stock Price Index (IHSG) closed up 0.02 points to 3416.78 thin. Meanwhile, WTI crude oil prices slightly rose to USD84, 99 per barrel. (GoFinance)
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