rupiah dikabarkan menguat secara cukup berarti setelah
BI menaikkan tingkat suku bunga juga "secara berarti".
Jadi menguatnya rupiah sekarang ini merupakan "dampak
positif" dari dicabutnya subsidi BBM, ataukah karena
penaikan suku bunga oleh BI gitu lhoh ... ?

===( IM )=============================================


http://www.thestandard.com.hk/news_detail.asp?we_cat=10&art_id=2833&sid=4875605&con_type=1&d_str=20051006


-------------------------------
Asian units climb led by rupiah
-------------------------------

Thursday, October 06, 2005

The Indonesian rupiah had its biggest gain in almost 
a month after the central bank raised Tuesday its 
benchmark interest rate to the highest in more than 
two years.

The rupiah has risen more than 17 percent from a four-year 
low reached on August 30 as Bank Indonesia raised rates three 
times and the government increased prices for subsidized fuel 
to narrow its budget deficit.

"The rate increase is considered very supportive for the 
currency," said Ichiro Ikeda, a currency and commodities 
sales executive at JPMorgan Chase Bank in Tokyo.

The rupiah rose 1.2 percent to 10,056 against the US dollar 
in Jakarta, the largest advance since September 9 and 
bringing its two-day gain to 2.4 percent. The currency may 
advance beyond 10,000 this week, Ikeda said.

South Korea's won strengthened for a second day, reversing 
earlier losses, on speculation the country's exporters were 
taking advantage of the decline to convert dollar earnings 
into <their home currency. It rose 0.2 to 1,039.10 against 
the dollar, after earlier falling 0.3 percent to 1,044.30.

The Taiwan dollar gained as foreign investors were net 
buyers of island's stocks for a fifth straight day. It 
rose 0.2 percent to NT$33.238.

The Thai baht advanced 0.2 percent to 41.05, the Singapore 
dollar rose 0.1 percent to S$1.6919, and the Philippine 
peso was up 0.4 percent at 55.77. BLOOMBERG







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