sifebusinessnetwork.com

In late afternoon trade is the exchange rate seems to have decreased further (24.9). Negative sentiment continues in Asian markets, including Indonesia in the money market and the rupiah closed lower on Friday afternoon by 20 points. Restrained due to the weakening rupiah intervention by Bank Indonesia (BI).

Exchange rate rupiah in Jakarta interbank transactions worth 20 points to move down to Rp8.780 position than before.

Negative sentiment continues in Asian markets, but the dollars do not experience too much pressure in the intervention of BI. Regional market is still moving negative may still spread to Asian markets today. However, BI is still expected to be active in the market to keep the rupiah in the range of stable positions.

But there is a negative signal from within the country regarding the termination of the discussion of Plan Budget of the State (State Budget) in 2012 by the Budget Agency (Banggar) House of Representatives, as the only fittings in Council authority to prepare the state budget law every year, as a protest because banggar leadership is being examined Corruption Eradication Committee (KPK) related bribery case in the Ministry of Manpower and Transmigration

He said the State Budget Law 2012 should be ready before December 2011 for further processed in the Ministry of Finance, and subsequent related ministries.

Meanwhile, Bank Indonesia middle rate on Friday (23 / 9) recorded the rupiah strengthened against the U.S. dollar compared to the previous day