Is the Rupiah Settling at Rp 13,000 per USD?
When traders are asked whether the current Rp13,000 per USD level is the currency's comfort zone? You'd most likely get a qualified answer. Even those that confirm say it is temporary. But how long is temporary?
Here, you get a mixed response.But most will point to when the Fed will raise US interest rates. Those that interpret the most recent US economic numbers as a weak recovery, expects a delay in the US rate hike to the third or fourth quarter of this year.Others that interpret the same numbers as a more solid recovery foresee an earlier mid-year rate hike.
April 7, 2015
When traders are asked whether the current Rp13,000 per USD level is the currency's comfort zone? You'd most likely get a qualified answer. Even those that confirm say it is temporary. But how long is temporary?
Here, you get a mixed response.But most will point to when the Fed will raise US interest rates. Those that interpret the most recent US economic numbers as a weak recovery, expects a delay in the US rate hike to the third or fourth quart
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