Jakarta (Antara Bali) - The Indonesian currency rupiah extended gains against the US dollar this morning boosted by the country's inflation curbed below estimate.
Rupiah traded at 9,595 to the dollar gaining 5 points from 9,600 in inter-bank transactions on Tuesday.
"The inflation, which was held below estimate had kept the currency in positive area," Trust Securities' analyst Reza Priyambada said here on Tuesday.
The country's inflation was 0.07 percent on month in November lower than previous estimate of 0.27-0.29 percent .
On-year the inflation in November was 4.32 percent , also lower than previous target of 4.61 percent.
Samuel Sekuritas' analyst Lana Soelistianingsih said talks on US "fiscal cliff" had failed to find a solution giving a negative sentiment to the exchange rate of risky currencies including rupiah.(IGT)
COPYRIGHT © ANTARA News Bali 2012
Rupiah traded at 9,595 to the dollar gaining 5 points from 9,600 in inter-bank transactions on Tuesday.
"The inflation, which was held below estimate had kept the currency in positive area," Trust Securities' analyst Reza Priyambada said here on Tuesday.
The country's inflation was 0.07 percent on month in November lower than previous estimate of 0.27-0.29 percent .
On-year the inflation in November was 4.32 percent , also lower than previous target of 4.61 percent.
Samuel Sekuritas' analyst Lana Soelistianingsih said talks on US "fiscal cliff" had failed to find a solution giving a negative sentiment to the exchange rate of risky currencies including rupiah.(IGT)
Editor : Masuki
COPYRIGHT © ANTARA News Bali 2012