Jakarta (Antara Bali) - The Indonesian currency rupiah fell in value against the US dollar on Thursday morning on uncertainty in the way the European Union handling the debt crisis besetting some countries in the euro zone.
The currency traded at 9,619 to the dollar in inter-bank transactions losing 9 points from the level of 9,610 earlier.
Uncertainties in Spain and Greece will continue to put a brake on appreciation of risky currencies including rupiah, Monex Investindo Futures' researcher Ariston Tjendra said.
The attention of investors also began to turn to US following the devastation by the Sandy hurricane, Ariston said.
The US labor ministry said the US government will announced data about the damage caused by the storms, which have forced the government to halt activities for two days.
Good news that gave optimism was that Spanish GDP is not as bad as feared, Ariston said.
In addition, the success of Italy selling 5 and 10 year bonds would help shore up risky currencies, he said.
Trust Securities' analyst Reza Priyambada said amid negative sentiments, there was positive news from Japan.
Bank of Japan has provided a new monetary stimulus by acquiring bonds valued at 11 trillion yens, Reza said.(*/T007)
COPYRIGHT © ANTARA News Bali 2012
The currency traded at 9,619 to the dollar in inter-bank transactions losing 9 points from the level of 9,610 earlier.
Uncertainties in Spain and Greece will continue to put a brake on appreciation of risky currencies including rupiah, Monex Investindo Futures' researcher Ariston Tjendra said.
The attention of investors also began to turn to US following the devastation by the Sandy hurricane, Ariston said.
The US labor ministry said the US government will announced data about the damage caused by the storms, which have forced the government to halt activities for two days.
Good news that gave optimism was that Spanish GDP is not as bad as feared, Ariston said.
In addition, the success of Italy selling 5 and 10 year bonds would help shore up risky currencies, he said.
Trust Securities' analyst Reza Priyambada said amid negative sentiments, there was positive news from Japan.
Bank of Japan has provided a new monetary stimulus by acquiring bonds valued at 11 trillion yens, Reza said.(*/T007)
Editor : Nyoman Budhiana
COPYRIGHT © ANTARA News Bali 2012