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Jakarta - The rupiah against the dollar in the interbank foreign exchange spot market in Jakarta, Tuesday (07/08/2012) is predicted to strengthen as expected rapid flow of capital inflow. Indonesian GDP release activity superstore above expectations so the catalyst.
Potential activity superstore strengthening of the rupiah is still triggered by the current capital inflow factor activity superstore after the data of Gross Domestic Product (GDP) of Indonesia at the level of 6.4% (year on year) showed a good economy rate. GDP will provoke flow of hot money into market Indonesian assets.
Meanwhile, he continued, from the external, the market is still focused on the issue in Europe that can actually add stimulus to shift capital flows to portifolio more stable and also supports capital inflows into the domestic market. Moreover yesterday also reported the data of foreign direct activity superstore investment (FDI) rose by 30%, especially in the mining sector and the consumer retail sector. It also shows the strength of the current capital inflow. Additionally ahead of Eid, there are factors activity superstore supporting the strengthening of the rupiah as the impact of rising inflation which is always in the direction of movement of dollars in inflation expectations. activity superstore Inflation rises, the rupiah strengthened because the direction of the market is the expected rate hike.
On top of all of that for a while investors are still quite comfortable with the Indonesian economic growth beyond the countries in the BRIC (Brazil, Russia, India, and China), except China. Because of China's GDP at 7.6% rate in the second quarter of 2012.
source :: sorry I did not ask permission activity superstore from the source, because I honestly do not know, if I know for sure will ask PERMISSION activity superstore from him, but CAFFEINE thank him for his observations on this information, may be very useful for our capital markets INVESTORS ..
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