Close Weekends Rupiah at $ 11.525/US


Indonesian Rupiah close this weekend in the position of an 11,500-per U.S. dollar. Weakening rupiah calm Rebound in line with its market share is limited. 

In the closing trading forex 17:00 WIB, Friday (14/11/2008) data showed CNBC rupiah terkoreksi only 25 points to 11,525 positions per U.S. dollar. This was the day rupiah weakened to 11,840 per U.S. dollar. 

Meanwhile, the government weakening rupiah rate is still 'okay' compared to other local currencies. 

"The weakening rupiah, not only the view from one perspective, but viewed from the perspective wide. Korea, which has U.S. $ 500 billion in neracanya, and the currency weakened to 39 percent, while the rupiah weakened our new 19 percent, it is still okay," said Finance minister ad interim Sofyan Djalil after Friday prayers in the building of Garuda, Jakarta, Friday (14/11/2008). 

It was similar after the vice president Jusuf Kalla on Friday in the office. According to the vice president, weakening the value of local currency also occurred in some countries as a result of reduced liquidity. 

"Because the world of dollars dry up. Because the difficult search shrink the U.S. dollar. But the local exchange rate weakened, this is only the supply and demand alone. No one can hit," he said. 

Although there in almost all countries, but emphasized the government Sofyan remain alert to monitor a weaker rupiah. No half-hearted, the government will not tolerate the slightest error, including a come-from Rumor Rumor outstanding. 

"In the unstable conditions such as current, zero tolerance for error. All Rumor must be serious by the government. We will always be aware," Sofyan said.