Top
New York  London  GMT  Tokyo  Sydney 

Emerging markets: Central bank seen selling USD/IDR

By   || May 15, 2012 at 02:13 GMT
|| 2 comments || Add comment

Reuters is reporting that the Indonesian central bank has been spotted selling USD/IDR, capping it around 9285.

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

2 Responses to “Emerging markets: Central bank seen selling USD/IDR”

  1. dokterriza on May 15th, 2012 02:53 GMT

    there’s not much excitement trading on my own currency, there’s too much intervention on behalf of bank indonesia.bi will try to keep USDIDR to stay near 9200, if can, below it.

    we love to shop..inflation rate is high here-price is always rising except things from China which seems to get cheaper each time they sold something in the market, selling USDIDR seems like a good choice for foreign investor.

  2. Matt on May 15th, 2012 02:58 GMT

    well they are are the only left who can sell.



The content of this field will not be shown publicly.




Bottom