Joint-stock price index (TRADE) continued to sag. At the end of trading Friday (25/5/2012), TRADE fell 2 percent to 3.902,508. Exchange rate rupiah kept depressed against the u.s. dollar. At the close of trading, the rupiah was at $ 9,380 per u.s. dollar.
Foreign investors still continued to draw its funds from the Indonesia stock exchange. 296 State in Europe be one problem trigger.
TRADE closed down 82,365 points 2,07 percent to 3.902,508. While the index plummeted LQ45 points or 16,227 2,41 percent to 657,876.
All sectors weakened. The foreign investors doubled the sales of Rp 922,57 billion neto. The Total transaction value of Rp 4,87 billion.
While the stock markets in Asia closed variety. The Nikkei index was still able to be strong and thin Hangseng. The Shanghai index weakened 17,42 0.74 percent to 2.333 55.1666667. Hang Seng index rising 47,01 points or 0.25 per cent to 18.713, 41. Nikkei 225 rose 17,01 points or 0.20 per cent to 8.580,39.
Sabtu, 26 Mei 2012
Positive Publishing Markets Greet Eurobond
The idea of issuing a "joint european bond" back sticking out. Market driven banking Europe was ready to welcome the positive that plan.
Prime Minister of Italy Carlo Monti notify majority of the EU leaders will support the issuance of the joint european bond to restore investor confidence with respect to the handling of the crisis in the European Union. The proposed publication of the joint euro bond was previously rejected by Germany.
According to economist Samuel securities, Lana Soelistianingsih, in Jakarta, Friday (25/5/2012), the market welcomed this plan despite some positive economic data down. Among other output in the manufacturing and services sectors in the EU, confidence in Germany, the business men's economic growth United Kingdom in the first quarter was negative 0.3 percent compared to the previous year.
Of the United States, there is a decrease in order of company for computers, machinery, equipment and other capital in April in the last two months. Manufacturing sector in the US is still expanding but with the lowest growth in last 3 months.
Data from China also is expected to increase in the EU'S concerns the effects of contraction. Manufacturing sector is estimated to be weakened in may for seven consecutive months.
Prime Minister of Italy Carlo Monti notify majority of the EU leaders will support the issuance of the joint european bond to restore investor confidence with respect to the handling of the crisis in the European Union. The proposed publication of the joint euro bond was previously rejected by Germany.
According to economist Samuel securities, Lana Soelistianingsih, in Jakarta, Friday (25/5/2012), the market welcomed this plan despite some positive economic data down. Among other output in the manufacturing and services sectors in the EU, confidence in Germany, the business men's economic growth United Kingdom in the first quarter was negative 0.3 percent compared to the previous year.
Of the United States, there is a decrease in order of company for computers, machinery, equipment and other capital in April in the last two months. Manufacturing sector in the US is still expanding but with the lowest growth in last 3 months.
Data from China also is expected to increase in the EU'S concerns the effects of contraction. Manufacturing sector is estimated to be weakened in may for seven consecutive months.
The sluggish TRADE Opened 16 points
National Stock Exchange struck back pressure. Joint-stock price index opened weakened 16,88 points (0.43 percent) to as low as 3.967,99 on Friday (25/5/2012). LQ45 index opened down 4,24 points (0,62 percent) to as low as 669,86.
U.S. exchanges managed to recover from the pressure at which the index Dow Jones up 0.27 percent 33,60 points or, S & P 500 rises and 0.14 percent, the Nasdaq is still weakening 0.38 percent.
Recover its index boosted by news from many countries of the European Union which supports the eurobond. Consumer sector stocks rose but technology sector stocks still weakening.
European stock exchanges closed strengthened while some report still indicates a weakening of the economy. Index FTSE rises are 1.59 percent.
Asian Exchange this morning move vary. Nikkei down 0.03 percent, Kospi up 0.39 percent. Research Universe Indovest estimate Exchange Indonesia today may be moving in the green zone sustained interest in buying that began to recover, however the index is also still vulnerable due to correction of the European situation is unclear.
Stocks that can be observed today among other BSDE, Earth, LSIP, PTBA, and the SSIA.
U.S. exchanges managed to recover from the pressure at which the index Dow Jones up 0.27 percent 33,60 points or, S & P 500 rises and 0.14 percent, the Nasdaq is still weakening 0.38 percent.
Recover its index boosted by news from many countries of the European Union which supports the eurobond. Consumer sector stocks rose but technology sector stocks still weakening.
European stock exchanges closed strengthened while some report still indicates a weakening of the economy. Index FTSE rises are 1.59 percent.
Asian Exchange this morning move vary. Nikkei down 0.03 percent, Kospi up 0.39 percent. Research Universe Indovest estimate Exchange Indonesia today may be moving in the green zone sustained interest in buying that began to recover, however the index is also still vulnerable due to correction of the European situation is unclear.
Stocks that can be observed today among other BSDE, Earth, LSIP, PTBA, and the SSIA.
Eurobond Issue Could Encourage The Rupiah Rate
Foreign exchange market sentiment improved on closing globally last night. One of them is related to the publishing plan joint european bond. This became the catalyst for positive movement of rupiah Friday (25/5/2012).
The exchange rate of the rupiah closed at Rp strengthened 9.268 per US dollar (exchange rate Central Bloomberg). This reinforcement, according to economist Samuel securities, Lana Soelistianingsih, identified as a-minding's results so that the rupiah is not bolted BI penetrate Rp 9400 per u.s. dollar.
Global market sentiment improved on closing night, responded to the possible publication of euro bond. Asian markets were likely to be positive today.
"We expect To INR was in the range between Usd 9,350 to Rp. 9.380 per US dollar without intervention of BI. But it could survive in the range of Usd 9.290 to Rp 9,320 per US dollar if BI is still on the market, "said Lana.
The exchange rate of the rupiah closed at Rp strengthened 9.268 per US dollar (exchange rate Central Bloomberg). This reinforcement, according to economist Samuel securities, Lana Soelistianingsih, identified as a-minding's results so that the rupiah is not bolted BI penetrate Rp 9400 per u.s. dollar.
Global market sentiment improved on closing night, responded to the possible publication of euro bond. Asian markets were likely to be positive today.
"We expect To INR was in the range between Usd 9,350 to Rp. 9.380 per US dollar without intervention of BI. But it could survive in the range of Usd 9.290 to Rp 9,320 per US dollar if BI is still on the market, "said Lana.
TRADE Is Still Flat, Tending To Weaken
Joint-stock price index in trading Thursday (24/5/2012) yesterday closed successfully strengthened the thin driven by the action of buying ahead of the closure. Friday (25/5/2012) the movement of the index is still limited and tend to weaken.
Rising commodity-based stocks as well as the action will wait the result of the European leaders meeting in Brussels dyeing trade yesterday. IHSG's own relative move more on the negative area.
"Although foreign firms need to look out for that are still recorded a net sell (net sales) in the market. Uncertainty conditions in Europe which threaten global growth triggers the discharge of allegedly foreign investors from the market, "Panin Securities analyst's view, Purwoko Sartono in Jakarta this morning.
Some of the most sought-after stocks yesterday AALI, TOWR, TOBACCO COMPANY, GGRM, and a PTBA. While most stock is removable, DSSA, LPGI UNTR, TLKM, and INRU.
This Friday predicted the index would move Purwoko sideways with the tendency of weakening. Range support-resistance today 3,940-4000. Stock selection is the PTBA, ADHI, PNBN, and SMGR.
Rising commodity-based stocks as well as the action will wait the result of the European leaders meeting in Brussels dyeing trade yesterday. IHSG's own relative move more on the negative area.
"Although foreign firms need to look out for that are still recorded a net sell (net sales) in the market. Uncertainty conditions in Europe which threaten global growth triggers the discharge of allegedly foreign investors from the market, "Panin Securities analyst's view, Purwoko Sartono in Jakarta this morning.
Some of the most sought-after stocks yesterday AALI, TOWR, TOBACCO COMPANY, GGRM, and a PTBA. While most stock is removable, DSSA, LPGI UNTR, TLKM, and INRU.
This Friday predicted the index would move Purwoko sideways with the tendency of weakening. Range support-resistance today 3,940-4000. Stock selection is the PTBA, ADHI, PNBN, and SMGR.
Hope to TRADE Again to as low as 4,000
Joint-stock price index continues to experience the pressure of selling in the last two weeks, thus reducing the rate of penguatannya in the short term. On the last day of trading this week, Friday (25/5/2012), market participants waiting whether the index can go back to 4,000 level again.
In technical research analysis, based Securities, TRADE suffered eTrading pressure selling yesterday, but the ends closed plus. If today the TRADE can rise up to 4020, then it will be a candlestick pattern Bullish Breakaway, which is the formation of candle reversal with a fairly high degree of accuracy. For that very important support level of TRADE at 3,908.
As for the TRADE sector is the driving force of mining and agri, which yesterday strong enough withstand the TRADE until at the end of the closure.
Yesterday, the TRADE closed up 3.30 points (0.08 percent) to as low as,87 with the number of transactions 3.984 6.55 million renovations or equivalent Usd 3,73 trillion.
The agricultural sector rose 1.67 percent and mining drove 0.84 percent. Recorded 137 stocks strengthened, 110 stocks weakened, 116 stocks unchanged, and the 225 stocks not traded at all.
Foreign investors took note of net sales in the regular market valued at Rp 453,91 billion with most stock is sold, TLKM, ASII UNTR, JSMR and the BBCA.
In technical research analysis, based Securities, TRADE suffered eTrading pressure selling yesterday, but the ends closed plus. If today the TRADE can rise up to 4020, then it will be a candlestick pattern Bullish Breakaway, which is the formation of candle reversal with a fairly high degree of accuracy. For that very important support level of TRADE at 3,908.
As for the TRADE sector is the driving force of mining and agri, which yesterday strong enough withstand the TRADE until at the end of the closure.
Yesterday, the TRADE closed up 3.30 points (0.08 percent) to as low as,87 with the number of transactions 3.984 6.55 million renovations or equivalent Usd 3,73 trillion.
The agricultural sector rose 1.67 percent and mining drove 0.84 percent. Recorded 137 stocks strengthened, 110 stocks weakened, 116 stocks unchanged, and the 225 stocks not traded at all.
Foreign investors took note of net sales in the regular market valued at Rp 453,91 billion with most stock is sold, TLKM, ASII UNTR, JSMR and the BBCA.
Iran Push Oil Prices Up
The price of crude oil rising from the position of the lowest in seven months following a difference of opinion among a number of countries in a meeting with negotiators Iran nuclear project in Baghdad. Iran is OPEC's second largest oil producer after Saudi Arabia.
West Texas Intermediate oil price for July delivery rose 76 cents to 90,66 US dollars per barrel on the New York Mercantile Exchange, Thursday (24/5/2012) local time. While the price of Brent crude for July setting up 99 cents, or 0.9 per cent to 106,55 US dollars per barrel on the ICE Futures Europe exchange in London.
A number of countries consisting of China, France, Germany, Russia, United Kingdom, and the United States are negotiating with Iran regarding its nuclear project. Head of Eu foreign policy, Catherine Ashton, says, the negotiations continue to thrive even though there are a number of barriers that hinder.
Those countries trying to press Iran to stop processing uranium in its nuclear project. Catherine also said Iran presents a five-point plan and are willing to discuss the production of uraniumnya which upgraded to the level of 20 per cent. However, Iran has not so far unwilling to promise that its nuclear project is not a dangerous project. "
Iran's tactic is to make as if they want to speak but no something real there, "call Kyle Cooper, Director of research Commodities IAF Advisors in Houston, Thursday local time. Kyle mentions, it is more to the discussion but it's better than nothing.
West Texas Intermediate oil price for July delivery rose 76 cents to 90,66 US dollars per barrel on the New York Mercantile Exchange, Thursday (24/5/2012) local time. While the price of Brent crude for July setting up 99 cents, or 0.9 per cent to 106,55 US dollars per barrel on the ICE Futures Europe exchange in London.
A number of countries consisting of China, France, Germany, Russia, United Kingdom, and the United States are negotiating with Iran regarding its nuclear project. Head of Eu foreign policy, Catherine Ashton, says, the negotiations continue to thrive even though there are a number of barriers that hinder.
Those countries trying to press Iran to stop processing uranium in its nuclear project. Catherine also said Iran presents a five-point plan and are willing to discuss the production of uraniumnya which upgraded to the level of 20 per cent. However, Iran has not so far unwilling to promise that its nuclear project is not a dangerous project. "
Iran's tactic is to make as if they want to speak but no something real there, "call Kyle Cooper, Director of research Commodities IAF Advisors in Houston, Thursday local time. Kyle mentions, it is more to the discussion but it's better than nothing.
Rated Low, PARLIAMENT Requested The Tax Ratio Rose
The Government is constantly working to boost State revenues from tax and non-tax sector. Even so, the House of representatives (DPR) considers the ratio of tax revenue to gross domestic product (GDP) aka the tax ratio was still low. Hence, the next year the HOUSE asked the Government boost revenues of the sector taxation of natural resources so that the tax ratio can be increased up to 16 percent.
Request this HOUSE's views appear in the faction-faction in the House of the early introduction of budget income and Expenditure Framework (REVISED) 2013. All factions agree to a proposed Government assumption of macro. Several faction raise Government requested the tax ratio is judged still low.
A spokesman for the faction the National Awakening Party (PKB) reveals a Chalim Chusnunia, macroeconomic projections presented the Government is still moderate. From the side of the reception country, the Government is projecting up about 12 percent dominated by revenues from the sector taxation.
Even so, the Chusnunia rate, during this time, the tax ratio figures Indonesia is still not optimal. Hence, "PKB Faction pushed the Government to raise the tax ratio to around 14%-16% next year," he said in the plenary of PARLIAMENT RI, Thursday (24/5/2012).
His opinion, to increase the ratio of tax administrations should optimize the reception not the tax (PNBP) especially from natural resources (SDA), STATE-OWNED ENTERPRISES and other dividend PNBP.
A spokesman for the faction Generra Aware, Inc. also agreed with the proposal that the Government is constantly working to do optimization of State income. "Optimisation of Policies should be aligned with the State income tax rateincrease," he said.
Golkar Faction spokesman Edison Retraubun added, during this national tax rate is still very low, in the range of 12 per cent of GDP. Well, to increase the share of the Government must fix the tax system and apply the tax billing systems improved. So there's not much tax disputes.
Optimism can be achieved
Responding to this demand increase in tax ratio, Finance Minister Agus Martowardojo admitted it during this tax ratio is indeed still in the range of national 12 percent. But, this figure does not take into account tax areas and natural resource tax (SDA). "If the local tax and taxes natural resources incorporated, a tax ratio can reach 16 percent," he said.
Agus claim, the tax authorities have been working hard to improve reception. This is visible from the growth in taxation revenue was up 20 percent per year. Just because the GDP also continue to increase the share of the tax to GDP ratio we still continue to persist in the range of 12 percent.
To achieve an increase in the ratio of tax to include two elements of the tax, according to Agus there needs to be a revision of the tax laws. In addition, the Government should also improve the system of calculation. The article, "on individual tax for example, there are still many regulations too favourable for taxpayers, but less profitable for the State," said Agus without detailing which rules that benefit taxpayers.
Head of Agency fiscal policy Ministry of finance Bambang Brodjonegoro added, if take into account tax areas and SDA, current tax ratio reached 15 percent. "If it was encouraged from the SDA, the ratio of taxes could rise again and laboured can 16 percent," he said.
Request this HOUSE's views appear in the faction-faction in the House of the early introduction of budget income and Expenditure Framework (REVISED) 2013. All factions agree to a proposed Government assumption of macro. Several faction raise Government requested the tax ratio is judged still low.
A spokesman for the faction the National Awakening Party (PKB) reveals a Chalim Chusnunia, macroeconomic projections presented the Government is still moderate. From the side of the reception country, the Government is projecting up about 12 percent dominated by revenues from the sector taxation.
Even so, the Chusnunia rate, during this time, the tax ratio figures Indonesia is still not optimal. Hence, "PKB Faction pushed the Government to raise the tax ratio to around 14%-16% next year," he said in the plenary of PARLIAMENT RI, Thursday (24/5/2012).
His opinion, to increase the ratio of tax administrations should optimize the reception not the tax (PNBP) especially from natural resources (SDA), STATE-OWNED ENTERPRISES and other dividend PNBP.
A spokesman for the faction Generra Aware, Inc. also agreed with the proposal that the Government is constantly working to do optimization of State income. "Optimisation of Policies should be aligned with the State income tax rateincrease," he said.
Golkar Faction spokesman Edison Retraubun added, during this national tax rate is still very low, in the range of 12 per cent of GDP. Well, to increase the share of the Government must fix the tax system and apply the tax billing systems improved. So there's not much tax disputes.
Optimism can be achieved
Responding to this demand increase in tax ratio, Finance Minister Agus Martowardojo admitted it during this tax ratio is indeed still in the range of national 12 percent. But, this figure does not take into account tax areas and natural resource tax (SDA). "If the local tax and taxes natural resources incorporated, a tax ratio can reach 16 percent," he said.
Agus claim, the tax authorities have been working hard to improve reception. This is visible from the growth in taxation revenue was up 20 percent per year. Just because the GDP also continue to increase the share of the tax to GDP ratio we still continue to persist in the range of 12 percent.
To achieve an increase in the ratio of tax to include two elements of the tax, according to Agus there needs to be a revision of the tax laws. In addition, the Government should also improve the system of calculation. The article, "on individual tax for example, there are still many regulations too favourable for taxpayers, but less profitable for the State," said Agus without detailing which rules that benefit taxpayers.
Head of Agency fiscal policy Ministry of finance Bambang Brodjonegoro added, if take into account tax areas and SDA, current tax ratio reached 15 percent. "If it was encouraged from the SDA, the ratio of taxes could rise again and laboured can 16 percent," he said.
Minister Of Finance: Stock Maximum Authorities Of BI
The policy problem kepelimikan the maximum stake is bank Indonesia Banking authority. Ministry of finance during the process are invited to consult the discussion continues.
So said Finance Minister Agus Martowardojo DW, answering questions of journalists in Jakarta, Thursday (24/5/2012).
"We from time to time invited to consult, and in general we support fully what was planned to be BI. That's the goal for prudence, and to ensure that our systems are increasingly respond the era of globalization, "said Agus.
A question of how big a stake out, Agus continue, it is fully the authority of BI. Principle, to the owner of a bank that is in an increasingly regulated sectors, will be given a greater chance than non-owners in a regulated sector.
"I see it, this is something good. Because, for example, if the bank industry was owned financial institution, a financial institution that's been quite clearly regulated. That is, they are given the opportunity to have a bigger one. While not a smaller financial institutions. The amount how we submit it, of course, at the policy of BI, "added Agus.
So said Finance Minister Agus Martowardojo DW, answering questions of journalists in Jakarta, Thursday (24/5/2012).
"We from time to time invited to consult, and in general we support fully what was planned to be BI. That's the goal for prudence, and to ensure that our systems are increasingly respond the era of globalization, "said Agus.
A question of how big a stake out, Agus continue, it is fully the authority of BI. Principle, to the owner of a bank that is in an increasingly regulated sectors, will be given a greater chance than non-owners in a regulated sector.
"I see it, this is something good. Because, for example, if the bank industry was owned financial institution, a financial institution that's been quite clearly regulated. That is, they are given the opportunity to have a bigger one. While not a smaller financial institutions. The amount how we submit it, of course, at the policy of BI, "added Agus.
Kamis, 24 Mei 2012
Senin, 21 Mei 2012
Stanchart Mutual Fund Shares Selling U.S. Dollar MAMI
Standard Chartered Bank became the official distributor of the mutual fund Greater Manulife Indonesia Fund (MGIF) in May of this. It was the product of mutual fund shares denominated in U.S. dollars under management of PT Manulife Asset Management Indonesia (MAMI).
President Director of MAMI, Legowo Kusumonegoro, said that Standard Chartered Bank is the first bank realtors who market these products to the general public. "We have established good cooperation with Standard Chartered Bank for 11 years and with good service quality and breadth of the marketing that is owned by Standard Chartered, we believe this partnership will give more benefits to customers both institutions," said Legowo, the Kompas.com release received on Monday (5/21/2012).
With a minimum investment of 100 dollars, a customer with an appropriate risk profile, can directly be MGIF mutual fund investors in all branches of Standard Chartered Bank. In addition to investing in U.S. dollar, investors still get a capital market investment opportunities in Indonesia.
Lanny Hendra, General Manager of Wealth Management & Marketing Country Head Consumer Banking Standard Chartered Bank as a product look unique MGIF remember this is the only mutual fund shares are denominated in U.S. dollars Indonesia.
"We see Greater Manulife Indonesia Fund as a unique product recall of this product is the only mutual fund shares are denominated in U.S. dollars Indonesia," said Lanny.
Since its launch on 14 September 2011, MGIF yield of 23.93 percent by the end of March 2012. This performance is much better than the criterion, namely JCI in U.S. dollars, 3.17 percent performing in the same period.
Currently, MAMI manages 17 mutual funds. In addition to six equity funds, where one of them is Greater Manulife Indonesia Fund, MAMI also manages six mutual funds fixed income, mutual funds 3 mixture, and two money market funds.
President Director of MAMI, Legowo Kusumonegoro, said that Standard Chartered Bank is the first bank realtors who market these products to the general public. "We have established good cooperation with Standard Chartered Bank for 11 years and with good service quality and breadth of the marketing that is owned by Standard Chartered, we believe this partnership will give more benefits to customers both institutions," said Legowo, the Kompas.com release received on Monday (5/21/2012).
With a minimum investment of 100 dollars, a customer with an appropriate risk profile, can directly be MGIF mutual fund investors in all branches of Standard Chartered Bank. In addition to investing in U.S. dollar, investors still get a capital market investment opportunities in Indonesia.
Lanny Hendra, General Manager of Wealth Management & Marketing Country Head Consumer Banking Standard Chartered Bank as a product look unique MGIF remember this is the only mutual fund shares are denominated in U.S. dollars Indonesia.
"We see Greater Manulife Indonesia Fund as a unique product recall of this product is the only mutual fund shares are denominated in U.S. dollars Indonesia," said Lanny.
Since its launch on 14 September 2011, MGIF yield of 23.93 percent by the end of March 2012. This performance is much better than the criterion, namely JCI in U.S. dollars, 3.17 percent performing in the same period.
Currently, MAMI manages 17 mutual funds. In addition to six equity funds, where one of them is Greater Manulife Indonesia Fund, MAMI also manages six mutual funds fixed income, mutual funds 3 mixture, and two money market funds.
It's only debt to Close Budget Deficit
Director General of Debt Management Rahmat Waluyanto Ministry of Finance stated, a loan or debt when it's only for the financing or close the budget deficit in the state budget. This is in accordance with the laws of the State Budget (Budget).
Nominal debt is increasing, but judging by the ratio of debt to GDP, the debt ratio actually fell.
It was announced said Rahmat Kompas, Sunday (05/20/2012) evening, in Jakarta. Grace before being asked about criticism of members of the House Commission XI, Arief Budimanta, that the foreign debt rose more sharply it is not productive to the real economy of society, but to close the deficit or to financial services or for the debt itself.
"According to the State Budget Law, the increase in debt right now is only used to finance the budget deficit," he said.
However, Rahmat said, the increase in the amount of debt has been approved by the House because they have first discussed the mechanism of the state budget. "Nominal debt is increasing, but if we look at the ratio of debt to gross domestic product (GDP), the debt ratio we are actually getting down," said Rahmat.
According to Grace, within five years, the ratio of debt to GDP continued to decline. In 2007, the ratio of debt to GDP was 35.1 percent, but in March 2012, debt to GDP ratio had reached 23.9 percent.
"This means the ability of our state budget to pay the debt will be even greater than before. This is shown by the improvement in our rating in the eyes of the creditors and financial institutions," said Rahmat again.
Nominal debt is increasing, but judging by the ratio of debt to GDP, the debt ratio actually fell.
It was announced said Rahmat Kompas, Sunday (05/20/2012) evening, in Jakarta. Grace before being asked about criticism of members of the House Commission XI, Arief Budimanta, that the foreign debt rose more sharply it is not productive to the real economy of society, but to close the deficit or to financial services or for the debt itself.
"According to the State Budget Law, the increase in debt right now is only used to finance the budget deficit," he said.
However, Rahmat said, the increase in the amount of debt has been approved by the House because they have first discussed the mechanism of the state budget. "Nominal debt is increasing, but if we look at the ratio of debt to gross domestic product (GDP), the debt ratio we are actually getting down," said Rahmat.
According to Grace, within five years, the ratio of debt to GDP continued to decline. In 2007, the ratio of debt to GDP was 35.1 percent, but in March 2012, debt to GDP ratio had reached 23.9 percent.
"This means the ability of our state budget to pay the debt will be even greater than before. This is shown by the improvement in our rating in the eyes of the creditors and financial institutions," said Rahmat again.
Taxpayer Assessed Tax Receivables bleaching Kemkeu Inspector General
Minister of Finance issued regulations to control procedures for the removal of tax receivables and determination of the amount of tax that can be bleached. These rules set out in the Minister of Finance (PMK) No. 68 Year 2012, replaces the previous rule, the Minister of Finance (KMK) No. 565 of 2000.
Beleid signed by Finance Minister Agus Martowardojo on May 2 last mentioned, the government could eliminate seven types listed in taxes receivable, the first, Tax Collection Letter (STP), the Tax Underpayment Assessment Letter (SKPKB), the third Tax Underpayment Assessment Letter Additional (SKPKBT), fourth Notice of Tax Payable (SPPT).
Fifth, Tax Assessment Letter (SKP); sixth Additional Tax Assessment Letter (SKPT), the seventh correction Decree, the Decree of Objections, Appeals Judgment, and Judgment Revision, which causes the amount of tax payable increases.
Director General of Taxes Fuad Rachmany admitted not concerned with this rule. According to him, these rules aim to improve the accountability of the management of state finances. "In order for handling accounts receivable more accountable and to have good governance, as well as avoiding the possibility of counting," Fuad said last week.
Some of the criteria that taxpayers deserve a deletion of accounts receivable, among others, the taxpayer personally because the person or the person in the tax had passed away. Other criteria if the taxpayer can not be found to exist so that the tax collection expired.
As for corporate taxpayers, several criteria must be met in part because the taxpayer dissolved, liquidated or bankrupt. In addition, the right to collect taxes has expired.
Before calling for the elimination, head of tax office shall prepare a list of the proposed deletion of accounts receivable, and then forwarded to the heads of regional offices and the Directorate General of Taxation. Well, the Director General of Taxation will propose the elimination of the tax accounts to the Minister of Finance.
Furthermore, the Inspectorate General of the Ministry of Finance on the assignment of the Minister of Finance to review the proposed elimination of tax receivables are presented by the Director General of Taxation. Then, the Finance Minister issued a Decree of the Minister of Finance (KMK) on the abolition of taxes receivable.
Just for the record, until June 2011, total tax receivables of about Rp 72.3 trillion. Meanwhile, the amount of tax for five years expired alias uncollectible during the period was reached Rp 4.5 trillion. (Herlina Kartika Dewi
Beleid signed by Finance Minister Agus Martowardojo on May 2 last mentioned, the government could eliminate seven types listed in taxes receivable, the first, Tax Collection Letter (STP), the Tax Underpayment Assessment Letter (SKPKB), the third Tax Underpayment Assessment Letter Additional (SKPKBT), fourth Notice of Tax Payable (SPPT).
Fifth, Tax Assessment Letter (SKP); sixth Additional Tax Assessment Letter (SKPT), the seventh correction Decree, the Decree of Objections, Appeals Judgment, and Judgment Revision, which causes the amount of tax payable increases.
Director General of Taxes Fuad Rachmany admitted not concerned with this rule. According to him, these rules aim to improve the accountability of the management of state finances. "In order for handling accounts receivable more accountable and to have good governance, as well as avoiding the possibility of counting," Fuad said last week.
Some of the criteria that taxpayers deserve a deletion of accounts receivable, among others, the taxpayer personally because the person or the person in the tax had passed away. Other criteria if the taxpayer can not be found to exist so that the tax collection expired.
As for corporate taxpayers, several criteria must be met in part because the taxpayer dissolved, liquidated or bankrupt. In addition, the right to collect taxes has expired.
Before calling for the elimination, head of tax office shall prepare a list of the proposed deletion of accounts receivable, and then forwarded to the heads of regional offices and the Directorate General of Taxation. Well, the Director General of Taxation will propose the elimination of the tax accounts to the Minister of Finance.
Furthermore, the Inspectorate General of the Ministry of Finance on the assignment of the Minister of Finance to review the proposed elimination of tax receivables are presented by the Director General of Taxation. Then, the Finance Minister issued a Decree of the Minister of Finance (KMK) on the abolition of taxes receivable.
Just for the record, until June 2011, total tax receivables of about Rp 72.3 trillion. Meanwhile, the amount of tax for five years expired alias uncollectible during the period was reached Rp 4.5 trillion. (Herlina Kartika Dewi
Continues, the pressure against the yen
n today's trading dollars with the potential to move the consolidation trend. Such records of BNI analyst Treasury Unit in Jakarta, Monday (05/21/2012).
Greek shadow of uncertainty coupled with the fear of the market against the threat of spreading European debt problems indicated pressure on the rupiah will continue. Moreover, the volatility of the currency movements of commodities are still vulnerable and tend to favor the U.S. dollar as a safe-haven currency.
Nevertheless, optimism among market participants on the oversold condition that sheltering seed stocks rebound led to his chances of Composite Stock Price Index.
This too led to positive sentiment for the rupiah to survive.
On Wednesday (5/16/2012) last week, the exchange rate closed higher at the a level of Rp 9242 per U.S. dollar compared with the opening level which is at Rp 9265 per U.S. dollar. On that day, the rupiah moved in the range of Rp 9237 to Rp 9275 per U.S. dollar.
Spared from the weakening of the rupiah in-depth, even able to rise ahead of the weekend. It is suspected because of the U.S. dollar sell-off by Bank Indonesia.
Nevertheless, the threat of depreciation of the Greek state to respond to concerns that the Asian markets also hit by the rupiah had passed without a new psychological level beyond the position of Rp 9,300 per U.S. dollar's.
Greek shadow of uncertainty coupled with the fear of the market against the threat of spreading European debt problems indicated pressure on the rupiah will continue. Moreover, the volatility of the currency movements of commodities are still vulnerable and tend to favor the U.S. dollar as a safe-haven currency.
Nevertheless, optimism among market participants on the oversold condition that sheltering seed stocks rebound led to his chances of Composite Stock Price Index.
This too led to positive sentiment for the rupiah to survive.
On Wednesday (5/16/2012) last week, the exchange rate closed higher at the a level of Rp 9242 per U.S. dollar compared with the opening level which is at Rp 9265 per U.S. dollar. On that day, the rupiah moved in the range of Rp 9237 to Rp 9275 per U.S. dollar.
Spared from the weakening of the rupiah in-depth, even able to rise ahead of the weekend. It is suspected because of the U.S. dollar sell-off by Bank Indonesia.
Nevertheless, the threat of depreciation of the Greek state to respond to concerns that the Asian markets also hit by the rupiah had passed without a new psychological level beyond the position of Rp 9,300 per U.S. dollar's.
Before Soros Borong Gold Prices Fall In
High profile billionaire, George Soros again did the unexpected action. 82-year-old man adds to his portfolio in precious metals in the first quarter of 2012.
Through SPDR Gold Trust, Securities and Exchange Commission United States (U.S.) explained, gold investment portfolio Soros Fund Management LLC increased rapidly up to 273.96 percent. The details, in the last quarter of last year only 85 450 shares ownership Soros. But in the first quarter of this year's ownership to 319 550 shares.
Keep in mind, the first three months of this year, the price of the precious metal rose 6.7 percent. At that time, the market speculated that the U.S. central bank, The Federal Reserve will begin buying up bonds or third episode of quantitative easing.
"At that time, people were more optimistic about economic growth because there is a signal quantitative easing (QE3). Lot of liquidity flowing into riskier assets, including commodities and precious metals," commentator Michael Gayed, chief investment strategist, Pension Partners LLC New York.
Then what will happen to Soros investment? This strategy is intriguing, because starting from 30 March, gold prices have collapsed at least 8.1 percent and recorded the biggest decline since 2004. Greek political climate heats up to encourage investors busy buying up the U.S. dollar and switch from gold. That is, Soros bought gold before its price fell sharply.
"Conditions at the end of this week-end was different from what happened in the first quarter," said Gayed.
For the record, the SPDR Gold Trust, also known as SPDR Gold Shares is part of the exchange-traded funds (ETF) managed and traded by State Street Global Advisors. Underlying this is a gold transaction. (Dyah Megasari)
Through SPDR Gold Trust, Securities and Exchange Commission United States (U.S.) explained, gold investment portfolio Soros Fund Management LLC increased rapidly up to 273.96 percent. The details, in the last quarter of last year only 85 450 shares ownership Soros. But in the first quarter of this year's ownership to 319 550 shares.
Keep in mind, the first three months of this year, the price of the precious metal rose 6.7 percent. At that time, the market speculated that the U.S. central bank, The Federal Reserve will begin buying up bonds or third episode of quantitative easing.
"At that time, people were more optimistic about economic growth because there is a signal quantitative easing (QE3). Lot of liquidity flowing into riskier assets, including commodities and precious metals," commentator Michael Gayed, chief investment strategist, Pension Partners LLC New York.
Then what will happen to Soros investment? This strategy is intriguing, because starting from 30 March, gold prices have collapsed at least 8.1 percent and recorded the biggest decline since 2004. Greek political climate heats up to encourage investors busy buying up the U.S. dollar and switch from gold. That is, Soros bought gold before its price fell sharply.
"Conditions at the end of this week-end was different from what happened in the first quarter," said Gayed.
For the record, the SPDR Gold Trust, also known as SPDR Gold Shares is part of the exchange-traded funds (ETF) managed and traded by State Street Global Advisors. Underlying this is a gold transaction. (Dyah Megasari)
Banker: Make BI Rupiah Controlled Intervention
Director of Treasury, Financial Institution & Special Asset Management Bank Mandiri Royke Tumilaar optimistic that the condition of dollars in recent days to climb will not be directly bolted to the upper level of Rp 9,500 per U.S. dollar. This is because a convoy of Bank Indonesia (BI) on the market.
"BI will certainly try to stabilize by the intervention. Our strategy is to support the rupiah did not run fast to Rp 9,500. If rising, rising in stages," said Royke, Monday (05/21/2012). He estimates that the rupiah will be maintained in the range of Rp 9200-9300 for the United States dollar (U.S.).
Based on the middle rate of BI, the rupiah against the U.S. dollar continued pressure. On May 11, 2012, the rupiah was perched on the level of Rp 9180 per U.S. dollar. Rupiah weakened again on May 14, 2011 at the level of Rp 9220, Rp 9265 on May 15, 2012, and Rp 9280 on May 16, 2012. However, this afternoon, (21/05/2012) Bank middle rate of the rupiah strengthened slightly to indicate a level of Rp 9268.
Previously, BI Deputy Governor Hartadi A Sarwono rising value of the exchange rate due to global sentiment, particularly the European economy. Attenuation is also experienced by other currencies in the Asia region.
"What can we (BI) to do is do not let the rupiah weakened too quickly. Intervention remains we do with time and the right amount," said Hartadi. (Adiatmaputra Fajar Pratama)
"BI will certainly try to stabilize by the intervention. Our strategy is to support the rupiah did not run fast to Rp 9,500. If rising, rising in stages," said Royke, Monday (05/21/2012). He estimates that the rupiah will be maintained in the range of Rp 9200-9300 for the United States dollar (U.S.).
Based on the middle rate of BI, the rupiah against the U.S. dollar continued pressure. On May 11, 2012, the rupiah was perched on the level of Rp 9180 per U.S. dollar. Rupiah weakened again on May 14, 2011 at the level of Rp 9220, Rp 9265 on May 15, 2012, and Rp 9280 on May 16, 2012. However, this afternoon, (21/05/2012) Bank middle rate of the rupiah strengthened slightly to indicate a level of Rp 9268.
Previously, BI Deputy Governor Hartadi A Sarwono rising value of the exchange rate due to global sentiment, particularly the European economy. Attenuation is also experienced by other currencies in the Asia region.
"What can we (BI) to do is do not let the rupiah weakened too quickly. Intervention remains we do with time and the right amount," said Hartadi. (Adiatmaputra Fajar Pratama)
Although there is potential for strengthening JCI Limited
Composite Stock Price Index closed lower again in the middle of a short trade from the long holiday weekend. IHSG oversold conditions can make stronger, but weaker trend was seen from the strength of the external negative sentiment.
Panin Securities analyst, Purwoko Sartono, expressed a negative sentiment from China's economic slowdown and political conditions of Europe, especially Greece feared the crisis would make the recovery more protracted Europe. "We're looking for today's movement of the index will be influenced by the movement of our stock index during last week's holiday in addition to news from Europe," katas Purwoko in Jakarta, Monday (21/05/2012).
From the technical side, the JCI is already quite deep decline. Oversold conditions on a few leading stocks also opened a potential rebound in the stock index. "However we have not seen any bullish reversal signal. We projected the index moves mixed with a tendency to weaken in the range of 3930-4000 support-resistance," said Purwoko.
Almost all sectors of the stock in trade last Wednesday but declined misc-ind sector (+0.12 percent). As many as 41 stocks recorded gains, 200 stocks declined, 38 stocks unchanged and 122 shares are not traded at all.
Panin Securities analyst, Purwoko Sartono, expressed a negative sentiment from China's economic slowdown and political conditions of Europe, especially Greece feared the crisis would make the recovery more protracted Europe. "We're looking for today's movement of the index will be influenced by the movement of our stock index during last week's holiday in addition to news from Europe," katas Purwoko in Jakarta, Monday (21/05/2012).
From the technical side, the JCI is already quite deep decline. Oversold conditions on a few leading stocks also opened a potential rebound in the stock index. "However we have not seen any bullish reversal signal. We projected the index moves mixed with a tendency to weaken in the range of 3930-4000 support-resistance," said Purwoko.
Almost all sectors of the stock in trade last Wednesday but declined misc-ind sector (+0.12 percent). As many as 41 stocks recorded gains, 200 stocks declined, 38 stocks unchanged and 122 shares are not traded at all.
Kamis, 17 Mei 2012
Will Rupiah Depressed, BI Keep on the Market
The global market was down again last night, still with the fears of the European Union. Securities economist Samuel, Lana Soelistianingsih inJakarta, Tuesday (15/05/2012) estimate the exchange rate will be maintained in the range of BI is now between Rp 9240 to Rp.9.260 per U.S. dollar.
Rupiah weakened again yesterday, closing at Rp 9250 per U.S. dollar(Bloomberg middle rate). Negative sentiment comes from the weakening euro for fear that the release of the Greek of the euro zone. Stock markets in Asia, including Indonesia also fell. Jakarta Composite Index fell 1.48percent to 4053.07.
While the price of Brent crude oil is stable and WTI prices drop. Of thecountry, along with the rise in nine-month SBI rate in the last three months,from lows at 3.8229 to 4.23785, it seems that expectations of interest ratesfall more limited.
Nine-month SBI rate is part of the monetary operations, so the increase in interest rates is a signal interest rates start moving up. Trend of rising interest rates is also evident from the rising yields on Treasury bonds, especially for medium and long tenor.
Rise in yields is expected to also attract funding to sing portfolio securities, which can reduce the potential of Indonesia's balance of payments deficit this year 2012.
Rupiah weakened again yesterday, closing at Rp 9250 per U.S. dollar(Bloomberg middle rate). Negative sentiment comes from the weakening euro for fear that the release of the Greek of the euro zone. Stock markets in Asia, including Indonesia also fell. Jakarta Composite Index fell 1.48percent to 4053.07.
While the price of Brent crude oil is stable and WTI prices drop. Of thecountry, along with the rise in nine-month SBI rate in the last three months,from lows at 3.8229 to 4.23785, it seems that expectations of interest ratesfall more limited.
Nine-month SBI rate is part of the monetary operations, so the increase in interest rates is a signal interest rates start moving up. Trend of rising interest rates is also evident from the rising yields on Treasury bonds, especially for medium and long tenor.
Rise in yields is expected to also attract funding to sing portfolio securities, which can reduce the potential of Indonesia's balance of payments deficit this year 2012.
Euro Slump To Lowest Position 4 Months
The euro fell to its lowest in nearly four months against the U.S. dollaralong with the leadership vacuum in Greece prompting European officials toconsider the prospects for the early departure of a currency union member country.
The euro slipped 0.7 percent to 1.2823 U.S. dollar on Monday (5/14/2012)at 5 PM in New York, having earlier touched 1.2821 dollars, the lowest level since January 18, 2012. The euro also fell 0.8 percent to 102.39 yen and 102.23 yen which had touched its lowest level since February 16, 2012.
Meanwhile, the yen rose 0.1 percent to 79.85 dollars. The weakening of a common currency for 17 European countries the second day against the yen as the ratings agency Moody's cut its credit rating 26 Italian banks, Unicredit SpA and include Intesa Sanpaolo SpA. The agency sees revenues and a weakening economic outlook.
"The problem now is the Europeans have much trouble spots right now, and Greece is only one of it," said Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman & Co., in New York on Monday.
Marc says, the Greeks wanted to remain in the euro zone, but the local government wants to renegotiate the fiscal pact. Meanwhile, the dollar index (DXY) rose for the day-to-11 and the British pound rose to its highest level against the euro since 2008 as investors sought refuge.
The euro slipped 0.7 percent to 1.2823 U.S. dollar on Monday (5/14/2012)at 5 PM in New York, having earlier touched 1.2821 dollars, the lowest level since January 18, 2012. The euro also fell 0.8 percent to 102.39 yen and 102.23 yen which had touched its lowest level since February 16, 2012.
Meanwhile, the yen rose 0.1 percent to 79.85 dollars. The weakening of a common currency for 17 European countries the second day against the yen as the ratings agency Moody's cut its credit rating 26 Italian banks, Unicredit SpA and include Intesa Sanpaolo SpA. The agency sees revenues and a weakening economic outlook.
"The problem now is the Europeans have much trouble spots right now, and Greece is only one of it," said Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman & Co., in New York on Monday.
Marc says, the Greeks wanted to remain in the euro zone, but the local government wants to renegotiate the fiscal pact. Meanwhile, the dollar index (DXY) rose for the day-to-11 and the British pound rose to its highest level against the euro since 2008 as investors sought refuge.
U.S. stocks Knocked Greece
Wall Street blush. At 16.00 hours, Monday (5/14/2012) New York time, Standard & Poor's 500 index fell 1.1 percent to 1338.35. This is the lowest level since Feb. 2. While the Dow Jones Industrial Average index fell 1percent to 12695.35. Approximately 6.6 billion shares changed hands in transactions throughout last night.
Financial and energy sectors posted the biggest decline among 10 other sectors are gathered in the S & P 500. Meanwhile, a number of stock movements also influence the U.S. market are: JPMorgan Chase & Co. and Bank of America Corp., which fell at least 2.6 percent. In addition, there are also stocks of Alcoa Inc. and Schlumberger Ltd. fell more than1.5 percent, and Symantec Corp. are down 1.4 percent.
U.S. stocks decline was influenced by a number of factors. Of which the Greek state is still not stable and are trying to create a new government. Not only that, the market is also increasingly worried that European leaders are considering to exclude Greece from the Blue Continent.
"Investors are very worried about this Saar. Overall, investors focused on the political condition of Europe. No one knows what will happen later and the markets hate uncertainty," said Madelynn Matlock, an analyst at Huntington Asset Advisors in Cincinnati.
Financial and energy sectors posted the biggest decline among 10 other sectors are gathered in the S & P 500. Meanwhile, a number of stock movements also influence the U.S. market are: JPMorgan Chase & Co. and Bank of America Corp., which fell at least 2.6 percent. In addition, there are also stocks of Alcoa Inc. and Schlumberger Ltd. fell more than1.5 percent, and Symantec Corp. are down 1.4 percent.
U.S. stocks decline was influenced by a number of factors. Of which the Greek state is still not stable and are trying to create a new government. Not only that, the market is also increasingly worried that European leaders are considering to exclude Greece from the Blue Continent.
"Investors are very worried about this Saar. Overall, investors focused on the political condition of Europe. No one knows what will happen later and the markets hate uncertainty," said Madelynn Matlock, an analyst at Huntington Asset Advisors in Cincinnati.
European Distressed Situations, 4100 Leave Index
Political chaos and economic recovery in Europe has not been dragged Composite Stock Price Index (CSPI) fell 61 points. European stock markets were falling because the Greek government had not yet formed.
At the close of trading on Monday (5/14/2012), Jakarta Composite Index fell by 61.073 points or 1.49 percent, to 4053.067. While the LQ45 index fell 9.688 points, or 1.40 percent, to 686.856. Kompas 100 index fell 13.8 to 899.05.
Foreign investors still continue to release the stock to record net sales of 132.17 billion. Total trade value reached Rp 3.4 trillion.
Stock exchanges in Europe in early trade also depressed due to political and economic situation of Greece is still uncertain. London's FTSE index fell 0.80 percent to 5531.21. Athens index lost 4.5 percent to hit bottom in 1992. Index in Spain also fell 0.7 percent.
Bourses in Asia which had gained was partially closed down. Shanghai Composite Index fell 14.26 points, or 0.60 percent, to 2380.73. Hang Seng Index fell 229.59 points, or 1.15 percent, to 19735.04. Nikkei 225 index rose 20.53 points, or 0.23 percent, to 8973.84.
At the close of trading on Monday (5/14/2012), Jakarta Composite Index fell by 61.073 points or 1.49 percent, to 4053.067. While the LQ45 index fell 9.688 points, or 1.40 percent, to 686.856. Kompas 100 index fell 13.8 to 899.05.
Foreign investors still continue to release the stock to record net sales of 132.17 billion. Total trade value reached Rp 3.4 trillion.
Stock exchanges in Europe in early trade also depressed due to political and economic situation of Greece is still uncertain. London's FTSE index fell 0.80 percent to 5531.21. Athens index lost 4.5 percent to hit bottom in 1992. Index in Spain also fell 0.7 percent.
Bourses in Asia which had gained was partially closed down. Shanghai Composite Index fell 14.26 points, or 0.60 percent, to 2380.73. Hang Seng Index fell 229.59 points, or 1.15 percent, to 19735.04. Nikkei 225 index rose 20.53 points, or 0.23 percent, to 8973.84.
Ranch Market price IPO Offer at Rp 425 - Rp 510
PT Supra Boga Lestari offers the public offering price or the initial public offering (IPO) in the range of Rp 425 - Rp 510 per share.
This is expressed by Managing Director Michael Steven Securindo KresnaGraha in Jakarta, Monday (14/05/2012). Supra Hospitality has appointed Krishna Graha Securindo as IPO underwriters.
Supra Catering will issue shares as much as 20 percent of the total capital paid-in shares, the maximum alias 312.897 million ordinary shares. It means that high retail manager Ranch Market and Farmers Market this will cost the fresh around Rp 132 billion to Rp 159 billion through the celebration.
The Company will use 60 percent of the proceeds from the IPO for expansion, particularly the increase Ranch Market stores and Farmer Market. This expansion will be gradual over the next two years. Mean while, 21 percent of the funds will be used to pay off debts to the bank, and the remaining 19 percent is used for working capital.
Is estimated that the offering period on 1 June to 4 June next. Allotment on June 5, and listing of shares on the Stock Exchange on June 7, 2012.
This is expressed by Managing Director Michael Steven Securindo KresnaGraha in Jakarta, Monday (14/05/2012). Supra Hospitality has appointed Krishna Graha Securindo as IPO underwriters.
Supra Catering will issue shares as much as 20 percent of the total capital paid-in shares, the maximum alias 312.897 million ordinary shares. It means that high retail manager Ranch Market and Farmers Market this will cost the fresh around Rp 132 billion to Rp 159 billion through the celebration.
The Company will use 60 percent of the proceeds from the IPO for expansion, particularly the increase Ranch Market stores and Farmer Market. This expansion will be gradual over the next two years. Mean while, 21 percent of the funds will be used to pay off debts to the bank, and the remaining 19 percent is used for working capital.
Is estimated that the offering period on 1 June to 4 June next. Allotment on June 5, and listing of shares on the Stock Exchange on June 7, 2012.
The weakening Rupiah carefully
The rupiah is expected to move with the trend of consolidation to weaken this week. Reported about the euro zone is still a determinant for the movement of dollars this week.
That was said by analysts of BNI Treasury Unit, Klara Pramesti, inJakarta, Monday (14/05/2012).
Europe's economic fundamental data such as gross domestic product, inflation and economic sentiment is an important data which can affect the rise and fall of rupiah. Indication of the strength of the supremacy of the U.S. dollar against other major currencies come to give a negative sentiment for dollars.
Moreover, market expectations of them think that safe haven is still the mainstay for the placement of the rupiah strengthening its portfolio of potential loosening.
Meanwhile, the lack of economic data Indonesia which will be released next week likely to make the move less volatile rupiah. Overshadow the lack of positive sentiment Indonesia rupiah predicted participate withstandfluctuations.
Tug global sentiment that will affect market transactions allegedly made investors hold a portfolio in rupiah. But through the help of Bank Indonesia intervention opportunities for the strengthening of rupiah.
That was said by analysts of BNI Treasury Unit, Klara Pramesti, inJakarta, Monday (14/05/2012).
Europe's economic fundamental data such as gross domestic product, inflation and economic sentiment is an important data which can affect the rise and fall of rupiah. Indication of the strength of the supremacy of the U.S. dollar against other major currencies come to give a negative sentiment for dollars.
Moreover, market expectations of them think that safe haven is still the mainstay for the placement of the rupiah strengthening its portfolio of potential loosening.
Meanwhile, the lack of economic data Indonesia which will be released next week likely to make the move less volatile rupiah. Overshadow the lack of positive sentiment Indonesia rupiah predicted participate withstandfluctuations.
Tug global sentiment that will affect market transactions allegedly made investors hold a portfolio in rupiah. But through the help of Bank Indonesia intervention opportunities for the strengthening of rupiah.
Stock Domestic Support Rupiah
In trading on the Forex market today, Monday (5/14/2012), the rupiah potential move with the trend of consolidation. According to analysts of BNI's Treasury Unit, market participants indicated that vigilance will still be affected by the issue of Europe's debt crisis.
This situation led to his limited opportunities would further support the rupiah movement of the supremacy of the U.S. dollar. China's central bank called for the news will cut China's banking minimum reserve requirement by 50 basis points by May 18 next following cues signaling the rise of the stock of domestic currency persistence of RI.
While the organization of auctions of government securities targeted Rp 6trillion opportunity to attract foreign funds flow into the domestic economy and the potential to increase energy for dollars.
On Friday (11/52012), the rupiah closed lower in thin level of 9190 perU.S. dollar compared with the opening level and positioned at 9180 perU.S. dollar, after moving in the range of 9135-9190 per U.S. dollar. The continuing problem of Greek political deadlock that threatens the worsening debt crisis and the euro zone trade data of China in April was lower than expected, were pressing the rupiah exchange rate movements.
This situation led to his limited opportunities would further support the rupiah movement of the supremacy of the U.S. dollar. China's central bank called for the news will cut China's banking minimum reserve requirement by 50 basis points by May 18 next following cues signaling the rise of the stock of domestic currency persistence of RI.
While the organization of auctions of government securities targeted Rp 6trillion opportunity to attract foreign funds flow into the domestic economy and the potential to increase energy for dollars.
On Friday (11/52012), the rupiah closed lower in thin level of 9190 perU.S. dollar compared with the opening level and positioned at 9180 perU.S. dollar, after moving in the range of 9135-9190 per U.S. dollar. The continuing problem of Greek political deadlock that threatens the worsening debt crisis and the euro zone trade data of China in April was lower than expected, were pressing the rupiah exchange rate movements.
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