Go Finance Reporting in JAKARTA - The rupiah strengthened to move in line with the depreciation of U.S. dollar (U.S.), which weakened to a number of other currencies.
Amount, according to the exchange rate of Bank Indonesia (BI) on Wednesday (06/01/2011) thin weakened to Rp8.540 per USD compared with the previous trading period in Rp8.537 per USD.
According yahoofinance, the rupiah is on Rp8.532 per USD with a range of trade in Rp8.532-Rp8.560 per USD. Value of the dollar also looked depressed in other currencies. As a result, the euro rose to 1.443 per USD, and the yen rose to 81.345 per U.S. dollar.
The strengthening of rupiah this time supported by the trend of increasing commodity prices such as oil encourages the strengthening of energy sector stocks and it lead to the strengthening of positive sentiment in the movement in the stock market.
With the number of positive sentiment, traders were a little bit distracting to the economic data in the United States (U.S.), which until now still not stable. (GoFinance)
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