Rupiah Back Stronger

Although the domestic economy is still quite good, the rupiah last week dropped to the lowest level since the 1998 financial crisis. Weak Rupiah trigger by foreign capital outflow from the financial markets or capital outflow.

Driven by global sentiment, the total capital outflow during December has reached Rp 2.1 trillion, mading each in the bond market amounting to Rp 18 trillion in stock market and Rp 7 trillion.

Analysts money market rate, the drop in the value of the rupiah last week proves that Indonesia is very vulnerable to the turmoil in global markets. This is caused by the flow of foreign funds out of control.

To avoid fluctuations in the rupiah in the future, Indonesia should dare to control the flow of foreign funds of foreign investors.
After tumbled into and lowest level. Value mat moves back Rupiah strengthened in the last three days to 3.7% from Rp 12,000 to Rp 12,500 to the level / US dollar.

Thanks for reading Rupiah Back Stronger » Tags: economy and business

Related Posts