Go Finance Reporting in JAKARTA - The rupiah, at this time trading amid moves to weaken the dollar began strengthening of the United States (U.S.).
Amount, according to the exchange rate of Bank Indonesia (BI) on Tuesday (04/19/2011) weakened to Rp8.686 per USD, compared to previous trading periods in Rp8.670 per USD.
Meanwhile, according yahoofinance, the rupiah strengthened and even moving parking to Rp8.687, 5 per USD with a daily trading range in Rp8.675-8702 per USD. While this time the dollar weakened against the euro, the euro was parked on the level of 1.4256 per U.S. dollar. While the pound weakened against the dollar 1.6258 per USD.
Previously, Indonesian Securities analyst Samuel Lana Soelistianingsih said S & P lowered outlook for U.S. bonds from stable to negative but remained AAA-rated.
The decline due to deteriorating fiscal condition of the U.S. with a deficit of three percent of GDP and the debt ratio at 98 per cent of GDP. S & P saw a significant risk to the budget impasse of 2013 and the possibility to reach agreement on the budget of the medium and long term.
In the 2012 budget the government sets the upper limit of the amount of government debt amounted to USD20, 8 trillion in 2016 is higher than that set by the Republican party in the House (legislative) on April 15, then that is only going to give the upper limit of up to USD19, 5 trillion.
Yet last week, Moody's would rate President Obama's positive plans to reduce the deficit by $ 4 trillion in 12 years. U.S. markets respond negatively to such reduction, which is estimated to be impacting on the Asian market today.
(GoFinance)
No comments:
Post a Comment