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.
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