The rupiah against the US Dollar today expected to remain depressed in the red zone, although the rate of the currency of other countries can be strengthened slightly against the US dollar (USD).
Head of Research at PT NH Korindo Securities Indonesia, Reza Priyambada in Jakarta, Monday (03/08/2015), said the current amount difficult to get out of pressure. "However, it seems difficult to be able to go higher. The impact was the continued strengthening of the USD, "
Why as the possibility of getting him the Fed raised interest rates in September. Then the anticipation of the possibility of the fall release of economic data.
This makes the rupiah lost momentum gained an impending reversal. Plus the lack of positive sentiment, especially from the government significantly.
"The weakening of the rupiah rate that continues still give a negative trend in the movement that still has the potential to weaken further" explains Reza.
Moreover, market participants also seem to wait and see. Seerta anticipation of the release of economic data next week that is likely under eskpektasi," he concluded.
Fixed anticipation and look at each sentiment are released. Reza predicting rupiah by Bank Indonesia middle rate will be in the range of Rp13.470-Rp13.505/USD.
Meanwhile, the rupiah exchange rate yesterday by Dollar Spot reference Jakarta Interbank Rate (Jisdor) BI at the level of Rp13.481/USD, falling 13 points from its previous close at Rp13.468/USD.
(internetsukasuka)
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