Sunday, 10 November 2013

EXCHANGE RATE RUPEES Rupiah Weakens to Position Rp11.490/US $

The rupiah against the U.S. dollar ( USD ) opened lower this morning as weakening again Composite Stock Price Index ( CSPI ) in early trading . The position of the rupiah against the U.S. based on data from Bloomberg this morning at the level Rp11.445/USD or closing down 32 points over the last weekend in Rp11.413/USD level .
The value of the rupiah against the U.S. dollar continues to weaken against the U.S. dollar even to the level of Rp11.500 , Monday ( 11/11/2013 ) . Based on data from Bloomberg Dollar Index , the rupiah weakened 0.67 % to Rp11.490 per U.S. dollar at 9:03 pm . The weakening rupiah this morning in line with the weakening of the most experienced Asia - Pacific currencies against the U.S. dollar .
From the data that has been received while carrying , the domestic currency this morning was at Rp11.410/USD . This position gained 8 points from last weekend's closing level at the Rp11.418/USD.Posisi appreciated compared to the position on Friday ( 08/11/2013 ) at the level of Rp11.423/USD .
Run out of positive sentiment caused the exchange rate seems to be quite excited to move in the green zone . Dollars above the target Rp11.415 support . Range - 11 390 rupiah Rp11.418 refers BI middle rate . Given the pace of last week , rebounding after a day ahead of the weekend , weakening rupiah hit . Though there is a positive sentiment from rising bond holdings by foreigners .
However , with the release of GDP and rising U.S. jobless claims drop Tuft ( U.S. ) later speculated the Fed would consider tapering off to speed up the stimulus the Fed , so that market participants respond negatively and impact on the drop in the rupiah and closing tersebut.Adanya positive sentiment data release - positive U.S. data showed as if the shutdown had occurred did not have much effect .
Meanwhile , the rupiah exchange rate dollar reference Jakarta Interbank Spot Rate ( Jisdor ) BI last Friday was at Rp11.404/USD or down 15 points from the previous day's closing level Rp11.389/USD.

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