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JAKARTA - Trust markets rebounded after several parties expressed rumors pelengseran Sri Mulyani as Financial Manteri denied. Rupiah was projected to be re-strengthened in trading Wednesday (20/1/2010) this.

"Disclaimer significant enough to resignation rumors Sri Mulyani lift back confidence," said Chief Economist BNI, Tony Prasetiantono to Legal in Jakarta, Wednesday (20/1/2010).

In addition, positive sentiment is driving the rupiah strengthening USD which was being tended to weaken (down trend).

He explained that if the current U.S. administration and the Fed was not too concerned with the weakening USD and domestic inflation due to their increased money printing (printing money) to cover the budget deficit USD1, 4 trillion, equivalent to 10 percent of U.S. GDP. "What is important, the domestic economy continued to grow and cut unemployment below 10 percent," he added.

Because of that, he projected that if the rupiah could strengthen to continue Rp9.200 per USD in trading today.

In trading yesterday, Tuesday, January 19 rupiah to close higher-level thin Rp9.225 per USD when compared with the closed trading yesterday at Rp9.230 per USD. Meanwhile, for the sale of rupiah exchange rate observed in Rp9.271 level, while the exchange rate to buy is Rp9.179 per USD. (css)

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