Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Rupiah Breaks the 9.000 Level
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Rupiah Breaks the 9.000 Level

Rupiah Strength Linked to Economy and Higher Stock Prices.


Bali News: Rupiah, Bank Indonesia, Lindawati Susanto
Click Image to Enlarge

(8/2/2010)

Growing confidence in the Indonesian economy and new investments bolstered a strengthening of the Indonesian Rupiah against U.S. dollar bringing the Rupiah on Tuesday, July 27, 2010 to below Rp. 9,000 for this first time in three years.

The Rupiah closed at Rp. 8.985 against a dollar when trading ended on Tuesday.

In a related economic development, stock prices are also rising across the region.

Quoted in Tempo Interaktif, a currency trader in Jakarta, Lindawati Susanto, said: "Solid economic fundamentals, continuous growth prospect, great market share and promising yields made foreign investors swarm the bonds and stock market."

The currency trader said Bank Indonesia's inability to manage the gain resulted in "the extreme demand for rupiah (which) has brought local currency to around 8,900 a dollar."


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Lips are Sealed
Bali Police Raid Bibir Cafť and Take Customers into Custody Under the Suspicion of Illicit Drug Use
(7/16/2017)
Luggage. What Luggage?
Malaysian Malindo Flight Bound for Brisbane Leave Passengers Luggage Behind in Bali
(7/16/2017)
An Emphasis on Street and Neighborhood Policing
Bali Police Training Special Street Crime Units to Ensure Safety of Tourist Visitors
(7/16/2017)
We Are Many; We Are One!
12th Sanur Village Festival August 9-13, 2017 Seeking to Unite the Indonesian Nation.
(7/16/2017)
A Stake in Kidney Transplants
Baliís Sanglah General Hospital Preparing to Perform its 5th Kidney Transplant in August 2017.
(7/16/2017)
They Have to Be Carefully Taught
Young Girl from Bangli, Bali Special Needs Schools Qualifies to Compete in National Painting Competition
(7/17/2017)
Baliís Travel Event of the Year
Skal Travel Industry Ball at Ayodya Resort Bali Saturday, August 5, 2017
(7/16/2017)
Carolís Calling
Carol Waller Appointed General Manager at Holiday Inn Resort Benoa
(7/16/2017)
Certified Conservationists
Ayodya Resort Bali Certified by TUV Rheinland Indonesia
(7/16/2017)
In the Summertime
Bali Airport Redecorates to Welcome the Summer Tourist Rush
(7/16/2017)
Relief for the Reef
Pressure Grows for Compensation and Criminal Charges Against Captain of Caledonia Sky that Damaged Reef at Raja Ampat
(7/16/2017)
More Ships Ahoy
Indonesia Determined to Increase Share of Cruise and Yacht Market
(7/16/2017)
All [News]!