Jakarta (Antara Bali) - The rupiah  managed to keep its value from sinking deeper on more more positive view of investors of European Central Bank Policy.

The currency traded at  9,115 per US dollar in  inter-bank transaction on Monday or the same as last week closing .

Foreign exchange observer Johanes Ginting from  Monex Investindo Futures  said investors began to be more positive in their views of  the policy of the European Central Bank in pledging support for Spain and Italy.

However, the market was still disappointed  with earlier decision of  ECP falling much short of their expectation.

ECB has pledged  to  directly buy bonds issued by Spain and Italy to stabilize bond yield in the euro countries.

Meanwhile, Samuel Sekuritas analyst Lana Soelistianingsih said the result of the review of  ECB, the International Monetary Fund and the EU Commission  signaled  progress in Greek economy.(IGT)



: Masuki

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