BI Not Able Weir Foreign Capital - Increases Over Possible U.S. Dollar Rupiah

There are excellent opportunities Rupiah Rise On Possible U.S. Dollars. Rupiah on Tuesday (13 / 4) is estimated to strengthen. Despite intervention by Bank Indonesia (BI), the central bank is considered unable to stem the flow of foreign capital. Forex observers from CIMB Niaga Bernard Simorangkir predicts, the rupiah today is still going to continue strengthening, can even exceed the trade yesterday. Although filled with BI intervention, the current capital inflow could not be dammed. "Rupiah will be traded in the range of 9000-9025 per U.S. dollar,".

According to him, opportunities open strengthening rupiah, after yesterday touched the highest point at 8975 per dollar. However, this increase in the BI intervention halted the rupiah continued to return to around 9000's. However, Bernard would not be able to put the brakes on the BI rate of foreign capital flows. So that the rupiah rally still continues to occur until around the beginning of the second half of this year. However, the market still must be alert to the increase in basic electricity tariff (TDL), continued in inflation pressures and a tightening of liquidity, "This will limit the further strengthening of rupiah," he said.

Bernard explained, Indonesia is still the alternative placement of funds, especially since the market correction has not been hit by a worrying. "Europe's financial problems are still not finished, so that Asia remains a priority during the first half of this," he said.

While interest rate changes will not occur until the second semester of 2010. BI is still preoccupied with the problem limiting exchange rate appreciation, especially when trying to penetrate the 9000 level. "Still, the central bank will 'theft' because the capital inflow can not be completely suppressed," said Bernard.

Ariston Tjendra, researchers and analysts PT Monex Investindo Futures estimates, the rupiah today will strengthen the U.S. dollar as berlanjutnya correction. "Rupiah will move in 8930-9020 range," he told INILAH.COM, in Jakarta, when contacted separately.

Expectations weakening U.S. dollar triggered the negative sentiment from the U.S. trade balance which will be announced on Tuesday (13 / 4) later tonight. U.S. balance sheet is expected to swell to minus U.S. $ 38.4 billion from the previous minus U.S. $ 37.3 billion.

On the other hand, the market is also still awaiting data on U.S. retail sales on Wednesday (14 / 4) tomorrow is positive dieskpektasikan 1% from 0.3% previously. However, these positive data, it weakens the U.S. dollar as the growing risk appeite in emerging markets.

At the same time, Fed governor, Ben Bernanke will deliver a speech regarding the condition of current U.S. economy. But, the market had predicted would not be much change from the contents of Ben's speech. Because, in a speech last few weeks it was always the same, namely the U.S. is still in crisis. "Therefore, the U.S. dollar is still in slowdown," he said.

On the other hand, the weakening dollar is still affected by strong currency combined European countries (the euro) and £ due to the EU and IMF assistance worth U.S. $ 61 billion over Greece. Negative impact for the U.S. dollar will take place within this week. "Therefore, the rupiah still remain within the corridor strengthening," he concluded.

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