Posts

Showing posts with the label Ekonomi

Boediono Said the Sensitive Global Economic System Will Crisis

Indonesia Kanal . The Vice President in the era of Soesilo Bambang Yudhoyono, Boediono, said that the world economic system was vulnerable to instability and crisis. "This global economy is a market economy or capitalism with 19th-century signs at the global level," he said at Djakarta Theater, Jakarta, Wednesday, November 28, 2018. According to the former Governor of Bank Indonesia, economic systems different from the national economy have far more complete tools to coordinate both macro, fiscal and monetary policies. With the complete equipment, Boediono said that the risk of a crisis in the economic system could be reduced. "These government signs are not in the current global economy, so they are prone to crises." In the global economy, for example, Boediono said that no one was responsible for the development of the recent crisis. The impact is that all countries are confused and no one can coordinate. Therefore, the best step a country can take is to antic...

US Dollar Makes Rupiah Increasingly Dropping to a Value of Rp. 14,610

Era Fakta . The exchange rate of the United States dollar (US) against the rupiah this morning experienced a strengthening. The US dollar is at the level of Rp. 14,610. Citing Reuters trade data on Tuesday (11/12/2018), the US dollar was at its highest level of Rp. 14,615 and its lowest level was Rp. 14,560. The strengthening of the US dollar against the rupiah has continued to occur lately. Not only the rupiah, other developing country currencies were also affected by the strengthening of the US dollar. Head of Research at Samuel Asset Management Lana Soelistianingsih said Bank Indonesia (BI) needed to intervene so that the rupiah exchange rate would not fall back. Moreover, currently foreign exchange reserves have increased by US $ 20 billion from the previous month. "BI needs to intervene so that the rupiah strengthens. Moreover, our foreign exchange reserves have increased from yesterday's release," Lana explained, the intervention was carried out so that the rupiah d...

Rupiah Exchange Rate Increases Weakens to Rp14,508 Per US Dollar Monday Morning

Kolom Utama . The exchange rate (exchange rate) of rupiah traded between banks in Jakarta on Monday (10/12/2018) morning moved lower by 26 points to Rp14,508 compared to the previous Rp14,482 per US dollar. Meanwhile, the rupiah exchange rate traded between banks in Jakarta on Friday (7/12/2018) afternoon appreciated by 42 points to Rp14,482, compared to the previous Rp14,524 per US dollar. Not only the weakening rupiah on Monday morning, the middle exchange rate of the Chinese renminbi or yuan exchange rate also weakened 29 basis points to 6.8693 against the US dollar on Monday, according to the Chinese Foreign Exchange Trading System. In the Chinese foreign exchange spot market, the yuan is allowed to rise or fall by two percent from its middle parity level every trading day. The yuan's middle exchange rate against the US dollar is based on the weighted average price offered by market participants before the opening of the interbank money market, every working day. Monday Morning...

Trimming OPEC Oil Production Increases Oil Prices

Jurnal Utama . World oil prices traded higher on trading earlier this week. Quoted from Reuters, at the beginning of this week the price of Brent world oil was traded at the price level of US $ 61.85 per barrel, up 0.29 percent compared to trading last weekend. Executive Vice President at Stratas Advisors John Paisie said the strengthening of oil prices was supported by Saudi Arabia's decision and members of the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC member countries to cut production. Saudi Arabia and OPEC member countries are known to agree to cut their oil production in a combined amount of 800 thousand barrels per day. Meanwhile, non-OPEC member states said they would cut production by 400 thousand barrels per day. The cut in production is higher compared to market expectations, which only expect oil production to be cut by 1 million barrels per day. The cut began in January. "I think the Saudis are trying to walk on a rope. They want to make sur...

Towards Christmas and New Year Food Prices in Probolinggo Begin to Soar

Channel Rakyat . Although the Christmas and New Year celebrations are still lacking in about 3 weeks, the prices of some vegetables in Pasar Baru, Probolinggo City begin to crawl up. Vegetable commodities whose prices are observed to rise include, carrots, tomatoes, potatoes, pring onions. The average price increase alone is Rp. 3 thousand to Rp. 10 thousand per kilogram. For carrots, the price is currently at Rp. 18 thousand per kilogram, up from the previous Rp. 8 thousand per kilogram. Cabbage rises to IDR 15 per kilogram, from the previous IDR 10 per kilogram As well as tomatoes amounting to Rp 6 thousand per kilogram, up from the previous Rp 2 thousand per kilogram. Pring Onion is Rp. 12 thousand per kilogram, up from Rp. 8 thousand per kilogram, and potatoes amounting to Rp. 12 thousand per kilogram from Rp. 10,000 per kilogram. One of the vegetable traders, Hariyah (37) said that the increase in prices had occurred since the commemoration of the Birthday of the Prophet and conti...

Weakening Rupiah Brings JCI to the Red Zone

Liputan Digital . The Composite Stock Price Index (CSPI) is predicted to move in the red zone on Monday (10/12). The weakening rupiah exchange rate against the US dollar (US) was the trigger. Based on RTI Infocom data, the rupiah in the past week weakened by 1.7 percent. Previously the rupiah had been in the area of ​​Rp. 14,200 per US dollar, now the rupiah has weakened in the area of ​​Rp. 14,400 per US dollar. "The JCI is predicted to weaken, supporting 6,085-6,105 resistance 6,143-6,161," said Analyst Artha Sekuritas Dennies Christopher Jordan as quoted from his research, In addition, Dennies said the JCI in today's trade will experience pressure from technical factors. JCI movement that has touched the overbought area is expected to weigh on the index movement. "There is potential for weakness in the short term," Dennies explained. But, Indosurya Analyst Shining Securities William Surya Wijaya estimates that the JCI will continue its strengthening earlier t...