Friday, April 15, 2011

::Rupiah Stagnant Amidst Strengthening Dollar U.S.>>

Go Finance Reporting in JAKARTA - The rupiah seemed stagnant in this weekend. Where United States dollars (U.S.) now looks turned towards strengthened.

Amount, according to the exchange rate of Bank Indonesia (BI) on Friday (04/15/2011) stagnated at the level of Rp8.661 per USD, same as last trading day.

Meanwhile, according to park in a position yahoofinance rupiah Rp8.667, 5 per USD with a daily trading range in the 0.5-Rp8 Rp8.657 .667,5 per USD. While the dollar began to strengthen over other currencies. Euro on the dollar weakened to 1.4445 per USD, pound weakened to 1.6344 per USD and the Australian dollar fell to 1.0516 per U.S. dollar.

Where the G20 meeting today in Washington DC will be the discussion of early warning system to prevent trade and financial imbalances in order to avoid similar crises in the long term 2007-2009.

However, Chinese President Wen Jiabao refused all related pressure on its currency policy. (GoFinance)

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