Thursday, May 23, 2013

European crisis, the U.S., Japan, Euro remains weak

The rupiah can towards the Rp9.500-Rp9.600 per U.S. $. However, depending on the condition of EU crisis management and monetary stimulus in the U.S. and Japan.

"Rupiah could be strengthened if the U.S. had excess liquidity and the crisis in Europe is no certainty of a solution," said economist Fauzi Ichsan in Yogyakarta, today.

Strengthening of the rupiah can not rely on sentiment of the country alone. Rupiah will be positive with certainty handling of the crisis in EU countries such as Spain, Italy and Cyprus. Thus the risk of the EU countries in the region will be reduced.

Another is supporting sentiment monetary policy in the U.S. stimulus package as Quantitative Easing (QE). Similarly, the stimulus package in Japan. "With the policy of QE in the U.S. and Japan will trigger a stimulus in excess liquidity to fund invade countries that are still growing strong, including Indonesia," he said.

Indonesia became one of the goals of foreign funds that are looking for promising opportunities for investment. That's when the rupiah will strengthen to the level of join Rp9.500-Rp9.600 per U.S. dollar by the end of the year.