Jakarta (Antara Bali) - The Indonesian currency rupiah gained slightly against the US dollar on Monday morning's trade on positive sentiments from the euro zone countries.

Rupiah traded at 9,624 to the dollar at  interbank transactions   from the level of 9,630 earlier.

Trust Securities' analyst  Reza Priyambada  said  positive sentiment was brought about by report of improved industrial production data in Europe .

In addition a statement by the International Monetary Fund, saying it wanted to give extra time for Greece to carry out its program of efficiency to meet its deficit target, was seen as positive by the market players, Reza said.

"The extra time is expected to reduce the risk  of Greece to quit the Euro block," he said.

Meanwhile,  Milenium Danatama Sekuritas'  analyst  Abidin said the rupiah gain was attributable partly to  Bank Indonesia (BI) interference to keep the rupiah from falling deeper.(IGT)



: Masuki

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