Rupiah Strengthens Gaining 31 Points

Pewarta :

Rupiah Strengthens Gaining 31 Points

Jakarta (Antara Bali) - The Indonesian currency gained against the US dollar this morning  after  interference by Bank Indonesia, the country's central bank.

The fall of rupiah  in  yesterday's  closing prompting the interference by  Bank Indonesia.

In interbank transaction this morning, rupiah traded at 9,624 to the dollar gaining from 9,655 earlier.

"The rupiah strengthening has been expected with Bank Indonesia's interference to keep the currency from shrinking deeper," Milenium Danatama Sekuritas' analyst  Abidin  said.

Risky currencies including rupiah has  taken the downtrend lately, Abidin said here on Friday.

Samuel Sekuritas' analyst  Lana Soelistianingsih  said improved global sentiments would help shore up  domestic market.(IGT)
Editor: Masuki
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