The rupiah weakened 2 points from 9,458 to 9,460 on expectation the US central bank was to announce third quantitative relaxation next month.
"Market players tend to restrain from doing transactions with the expected announcement of the third QE," Milenium Danatama Sekuritas market observer Abidin said here on Wednesday.
Abidin said US economic data showed unemployment rate rose not as expected giving more reason for investors to believing that the FED would announce the third QE.
Meanwhile, Monex Investindo Futures analyst Johanes Ginting said growing expectation that the European Central Bank (ECB) would act to cut Spanish and Italian costs of loans could lift the value of risky currencies including rupiah.(IGT)
: Masuki
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