Go Finance Reporting in JAKARTA - United States Dollars (U.S.) moves down and makes the value of other currencies to strengthen. Likewise with the rupiah is now getting closer to the level of Rp8.500's.
Rupiah, according to the middle exchange rate of Bank Indonesia (BI) on Monday (07/04/2011) rose to Rp8.522 per USD compared to the previous trading period Rp8.563 per USD.
According yahoofinance, the rupiah even exist at the level of Rp8.512, 5 per USD with a daily trading range in Rp8.507-Rp8.547 per USD. Also observed depressed dollar over other currencies. Against the euro, the dollar weakened to $ 1, 4526 per euro, the pound also rose to $ 1, 6122 per pound.
Some U.S. economic data that will be announced at this week is expected to record improvement according to Blomberg surveys. Estimated repair is the factory orders data, initial jobless claims, nonfarm payrolls, private payrolls, manufacturing payrolls and unemployment rate is expected to remain at 9.1 percent.
As for the ISM nonmanufacturing index is expected to fall. Previous ISM manufacturing index rose from 53.5 in May to 55.3 in June. The market responded positively to increased manufacturing index after nearly a month ago U.S. economic data showed weakness, plus the approval signal from the U.S. Republican Party to raise U.S. debt limit from the current position of $ 14, 3 trillion. (GoFinance)
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