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.