Garuda currency has gained strength in recent days. Strengthening of the rupiah even the sharpest in Asia.
"The rupiah rose most sharply in Asia while the majority of other currencies against the dollar in fact pressured the United States (US)," revealed the results of research Samuel Securities, Wednesday (10/07/2015).
According to the research results, the strengthening of the rupiah was also accompanied by a decrease in yields and the strengthening of the stock price index (CSPI), which diprediksidiakibatkan by internal factors.
Improved commodity prices, as well as the dollar index fell opportunity to maintain the positive sentiment on the rupiah today. The figures awaited September foreign exchange reserves estimated to be lower than in previous months.
"Attention domestic investors will also be focused on the discourse of the announcement of a package of measures expected volume III also includes decisions trimming fuel prices," reports the results of the research.
Policies of President Jokowi
In recent days, the currency continued to show its fangs Garuda. This morning, the rupiah against the US dollar (US) had hit its highest level in the USD 13 920. What caused it?
Supriyadi OSO Securities analyst said the strengthening of the rupiah is driven strongly by the plan of the US central bank the Federal Reserve (the Fed) are not expected to raise interest rates this year.
That is, a positive sentiment for the domestic financial market. In addition, the government's economic policy package Volume III which will be launched tomorrow give optimism to investors both local and foreign.
"The rupiah strengthened over the past three days. There are several reasons, one of which market optimism about the government's policy package that will be launched tomorrow. BI also conduct a strict policy," he told nyapnyap.com, Wednesday (07/10/2015).
Supriyadi said US economic data has been released many showed a negative performance so analysts expect if the Fed will postpone raising interest rates until next year.
These conditions make the land of Uncle Sam's currency is the currency slumped against all the countries in the world, including Indonesia.
"US economic data is bad, on average negative, so the interest rate is estimated to be delayed. The US dollar weakened against all currencies including the rupiah," said Supriyadi.
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