Thursday, March 17, 2011

::Followed IHSG, Rupiah weakened Again!>>

Go Finance Reporting in JAKARTA - Negative sentiment not only reduce the rate of Composite Stock Price Index (IHSG), the rupiah also closed lower this time.

Amount, according to the exchange rate of Bank Indonesia (BI) on Thursday (03/17/2011) weakened to Rp8.793 per USD from the previous trading day which is on Rp8.780 per USD. Meanwhile, according yahoofinance, the rupiah strengthened to Rp8.788, 5 per USD with a daily trading range from 0.5 to 8 .822,5 Rp8.788 per USD. On the other hand, the euro rose to 1.3993 per USD, pound also gained 1.6084 per USD. And the yen fell to 79.015 per U.S. dollar.

Previously, Indonesian Securities analyst Samuel Lana Soelistianingsih explain if the Japanese stock market closed yesterday because of the BoJ positively increase the supply of liquidity from the original plan of USD428 billion to USD700 billion.

This amount is only to improve market confidence, not including the cost of economic reconstruction in the provinces of northeastern Japan that suffered severe damage from this disaster. The worsening disasters due to leakage of nuclear radiation to make the exodus from Japan.

BoJ intervention makes the Nikkei closed up almost 5.7 percent and the yen rose 0.9 percent in trading yesterday. But now, the threat of nuclear radiation that leaks seemed to make investors again worried and causing selling pressure. (GoFinance)

No comments:

Post a Comment