Money market and overshadowed the BI Rate Debt Case of Greece

Financial market uncertainty still shadowed by Greek debt settlement. While the BI interest rate announcement, the market had anticipated. Unclear Greek settlement of debt cases, continue to haunt the financial markets throughout the trade.

Last weekend, the German parliament has met with the International Monetary Fund (IMF) to discuss the bailout for Greece. However, there is still uncertainty about the plan details.

In addition, according to David, the negative impact on the regional exchanges are also financial market transactions. At the close of trading Tuesday (4 / 5), the index of Australia S & P / ASX 200 fell 0.6%, South Korea's KOSPI index fell 0.3% and Shanghai index down 0.9%. While the Japanese stock exchange is still closed along with the national holiday.

Another sentiment comes from the still retained the global interest rates by central banks world. According to him, the low inflation that described the Central Statistics Agency (BPS) yesterday, will be the primary consideration of BI to maintain its benchmark interest rate at 6.5% level, as announced tomorrow (Wednesday 5 / 5).

If inflation until the end of the year no more than 5.3 percent of the BI will maintain its BI rate at 6.5 percent until the end of the year. Emerging markets more attractive. The entry of foreign fund flows can be seen from the current position of foreign reserves that have been penetrated U.S. $ 77 million.

Currently rated amount started judged less attractive by investors and can be seen from the limited movement. If you've signed in 9000 the market will tend to sell, mainly concerned the central bank will intervene. At the close of trading today, the rupiah closed at 9,020 level U.S. dollars, compared to yesterday's closing level of 9030 per dollar.

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2 Responses to "Money market and overshadowed the BI Rate Debt Case of Greece"

seputar informasi Says :
May 4, 2010 at 10:31 PM

Financial market uncertainty still shadowed by Greek debt settlement

techpcplus Says :
May 25, 2010 at 9:48 PM

nice post, keep posting

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