Rupiah Exchange Rate Stable Against U.S. Dollar Tend
Liputan6.com, Jakarta: The rupiah against the U.S. dollar in the Jakarta interbank spot market on Thursday (10 / 6) morning tends to be stable, as market players remained cautious doing transactions, although they look rather than buy off rupiah. The value of the rupiah against the U.S. dollar fell five points to Rp9.250-Rp9.260 per dollar compared to the previous day's closing-Rp9.255 Rp9.245.
Currency analysts, Rully Nova said in Jakarta Thursday, the price correction on the rupiah is not great, because market participants see the U.S. dollar in the regional market is also weakening. Although U.S. stocks slumped, but the actors seem to be careful to enter the market, he said. According to him, the rupiah had received support from the weakening U.S. dollar against the euro, ahead of the monthly meeting of European central banks will discuss the escalating debt crisis.
Amount throughout the three days are still struggling in the range of Rp9.225-Rp9.250 per dollar, despite the positive and negative factors emerged in the market, but the perpetrators are still worried about Europe's financial crisis that has spread to Hungary. "We estimate the amount still will range in level-Rp9.250 Rp9.225 per dollar, because the focus of market players still on the European region," he said.
He said that, in the internal market place the action plan of the pros and cons of the basic tariff price increase of electricity and fuel oil, making it difficult for the rupiah to strengthen, although the external factors appear positive.
Because that amount is expected throughout this month is still above the level Rp9.200 per dollar, because the support of internal is still difficult to obtain, he said. (Ant)
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