Jakarta (Antara Bali) - The Indonesian currency rupiah lost more of its value against the US dollar on worries about protracted debt crisis in Europe.

Rupiah closed at  9,169 to the  US dollar  in interbank trade  on Wednesday afternoon weakening from  9,615 earlier.

"Rupiah lost more of its value to follow euro  weakening on the  debt crisis in the euro zone,"  Monex Investindo Futures' chief researcher Ariston Tjendra said here on Wednesday.

Ariston said risky currencies weakened by a comment made by  European Central Bank's President  Mario Draghi, who said that global currencies were facing risk of financial instability.

He said the Spanish bond yield also surged to follow the trend in bond market which continues to be surrounded by uncertainties over whether Spain would ask for international  bailout fund or not.

Samuel Sekuritas' analyst Lana Soelistianingsih said negative sentiment from the European market has its impact on Asian market that rupiah is expected to lose more value.(IGT)


: Masuki

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