President asks people not Worries

President Susilo Bambang Yudhoyono asked the public not too worried in the face of a global economic crisis that is now starting browser in industrial sector country. Imbauan disclosed that President Yudhoyono in Rio de Janeiro, Brazil, in order to have diplomatic relations 55 years of Indonesia-China, Brazil, Friday (21/11). 

Not only control the rupiah pressure from the United States dollar, the President also has requested review of Bank Indonesia benchmark interest rate. So the real sector to absorb millions of workers can rest of the threat of termination of employment.

9:45 PM | 0 comments | Read More

Continuous rupiah against the U.S. Dollar Store

Rupiah still at a critical point until Friday (14/11) morning. Rupiah traded close to Rp 12 per thousand dollars of the United States. Tertekanya rupiah, Bank Indonesia recognized difficult to control even the BI melawanya difficult. 

BI Senior Deputy Governor Miranda Goeltom revealed high exit of foreign funds, especially from the interest rate of BI certificate (SBI) and the Government Bonds (SUN) to become one of the rupiah continued oppressive. 

Observers of foreign exchange, Marthin Panggabean have other opinions. Since the policy is issued pengetatan purchase of foreign exchange by the BI, the more a speculator action. However, this policy is appropriate. "Thus I think this policy is effective," said Marthin. 

Of the bank expects the Bank Indonesia SBI does not increase again to keep the rupiah because the SBI is currently 9.5 percent increase, the bank must credit the various forms of interest. If not, the bank will be losers because the deposit interest rate rise. 

Although the rupiah continued oppressive, Bank Indonesia ensure this will not be long. BI ask the public not panic and respond with excessive. BI also convinced the bank in stable condition and safe.

12:13 AM | 0 comments | Read More