Pressure on the exchange rate is expected to remain overshadowed in trading Wednesday (03/06/2013). The range today is predicted to be the rupiah at Rp 9700 to Rp 9720 per U.S. dollar.
In yesterday's trading the rupiah strengthened to close at Rp 9696 per U.S. dollar (Bloomberg middle rate). However, Indonesia stock exchange (IDX) thin weakened 0.2 percent. The price of crude oil closed higher. Brent prices rose to 111.9 dollars per barrel and WTI prices rose to 90.82 dollars per barrel.
U.S. stocks closed higher and European compact. Investors believe the stimulus from central banks continues.
The economist Samuel Securities Indonesia, Lana Soelistianingsih, predicted the Asian market will likely remain varied looks of its index futures. "We expect the dollar tends to weaken thin towards the range between $ 9700 and $ 9720 per U.S. dollar," said Lana.
In yesterday's trading the rupiah strengthened to close at Rp 9696 per U.S. dollar (Bloomberg middle rate). However, Indonesia stock exchange (IDX) thin weakened 0.2 percent. The price of crude oil closed higher. Brent prices rose to 111.9 dollars per barrel and WTI prices rose to 90.82 dollars per barrel.
U.S. stocks closed higher and European compact. Investors believe the stimulus from central banks continues.
The economist Samuel Securities Indonesia, Lana Soelistianingsih, predicted the Asian market will likely remain varied looks of its index futures. "We expect the dollar tends to weaken thin towards the range between $ 9700 and $ 9720 per U.S. dollar," said Lana.
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