Rupiah prices slide 40 Points

Rupiah slide 40 Points

Liputan6.com, Jakarta: The rupiah in the Jakarta interbank spot currency market, Tuesday morning, down 40 points to 9.130/9.140 per U.S. dollar's position even though the price of the shares on the stock of the world rose.

Market players still seemed hesitant to buy rupiah, some even took off Indonesian rupiah currency was so depressed, said Managing Director of Finan Corpindo Nusa, Edwin Sinaga. Although weakened in this morning, Edwin estimates will move higher rupiah afternoon until late this afternoon due to a number of positive factors such as improvement in regional stock markets. "We are optimistic the rupiah in the afternoon if there are no other obstacles likely will be solidified into position close to 9,100 per dollar," he said.

One thing that remains a concern of market participants, not only in Indonesia, is a Greek penangangan to the crisis. Until now there has been no new funding to save Greece. Even the International Monetary Fund (IMF) to assess the financial institutions of the European Union is very slow in providing financial support to overcome the crisis which is feared could spread to other countries. Market expectations that Indonesia represents a lucrative market appeal in another country now, would be a positive factor both for the rupiah and stock transactions in Indonesia Stock Exchange (Ant).

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