Exchange Rate Today - Strengthening Rupiah Suspended Central Bank Intervention

Exchange Rate Today. Bank Indonesia (BI) gives the signal has to intervene to restrain the movement amount in order not too sharp shot to levels below Rp9.000. Acting Governor of BI Nasution said that strengthening Rupiah today to have time to penetrate below the level of Rp9.000 is the continued incursion of foreign capital flowing into investment portfolios.

"(Strengthening), this is because foreign capital continued to enter and affect the exchange rate, but remains on the BI market. In this situation, can only do our BI needs to be done but not all out. We see how far the situation (to) do what needs to be done, but should not be affected that the exchange was as though it will be (strong) hold. You see yourself Rupiah return it to Rp9.000, "Nasution said after attending a meeting at the House of Representatives Commission XI Jakarta, Monday (12 / 4).

Director of Economic Research and Monetary BI Warjiyo Perry added, in principle, BI to keep the movement amount fixed under conditions that are not sharp volatility. "BI guard for smoothing volatilition fixed amount so that the value in accordance with the macro economy," he added. Citing the middle rate of BI, Monday (12 / 4), the rupiah reached Rp9.003 per U.S. $ 1.

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