The title :
This Year, Rupiah Is Predicted Will Be Number one In Asean
The summary :
Some analysts of the
most accurate version of Bloomberg predicted that Rupiah will rise from the
worst position to be the number one among other Asian currencies this year.
The content :
The factual
thing :
According to Lloyds
Banking Group Plc, the rupiah will strengthen by 6.8 percent in 2014 to a level
of 11,400 per U.S. dollar. Meanwhile, Societe Generale SA will see the rupiah
was at 10,250 at the end of next year. In comparison, the median of 23 analysts
surveyed by Bloomberg predict the rupiah will be at the level of 12,200 per
U.S. dollar, Among the 10
countries of Asia, only China can beat Indonesian growth.
The history :
There are several
factors that will allegedly keep the Rupiah. One of them, a steady growth of
the Indonesian economy and the reduce of trade deficit. Two factors are again
the main attraction for foreign funds to re-invest in Indonesian.
“We predict the
current value of the rupiah is below as it should be (undervalued) considered
the dynamic growth in Indonesia,” said Jeavon Lolay, Global Research Director
of Lloyds .
He added that the
Indonesian economy will move in line with the positive growth in the global
economy, which in turn will help to restore the level of exports in the next
second quarter.
As a record,
Indonesia’s currency has gained 0.7 percent this month to 12,085 per U.S.
dollar. This is the best reinforcement among 11 Asian most frequently
currencies traded.
The conclusion :
Rupiah will be rise at the future and will depelovement between the other
country in asean. And make believe the other country to give investasi for us.
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