ID :
95593
Fri, 12/18/2009 - 11:35
Auther :

RUPIAH WEAKENS AGAINST US DOLLAR

Jakarta, Dec. 17 (ANTARA) - The rupiah weakened against the US dollar in the Jakarta interbank spot market here Thursday.

The Indonesian currency traded Rp9,480-Rp9,495 per US dollar, down 20 points from Rp9,460-Rp9,470 per US dollar at the market`s close a day earlier.

Investors were worried over the Bank Century bailout case which has prolonged and dragged a number of parties, according to Farial Anwar, a domestic money market observer.

He predicted that the rupiah would reach the level of Rp9,500 due to the negative sentiment domestically.

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