This Year, Rupiah
Is Predicted Will Be Number 1 In Asia
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.
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.
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 Indonesia.
“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.
Comment:
My opinion on this article I
agree, but it should not be for this year because this year I think Indonesia's
economy has not been stable. As revenue in Indonesia when in view of the
results of the trade can not tell good at. Still a lot of smuggling of goods in
different areas of legal imports and exports resulting in a loss in Indonesia.
So, we can conclude that our
country is still in a developing stage and there are still many things that
need to be improved to increase revenue so that Indonesian rupiah can be
increased and deserves to be number 1 in Asia.
Name : Astri Dianti Lestari
NPM : 11213454
Class : 1EA11
NPM : 11213454
Class : 1EA11
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