Bank Indonesia (BI) will maintain the volatility level of the Rupiah's exchange rate against the United States Dollar at two percent.
According to Burhanuddin Abdullah, BI Governor, the two percent volatility level is still safe.
“It's still stable,” he said in Jakarta last week.
The central bank, said Burhanuddin, will continue maintaining and monitoring the Rupiah's volatility at an appropriate level.
“If it's strengthens, then it strengthens. And vice versa,” he said.
Last week, the Rupiah managed to break through the level of below Rp9,000 per US Dollar, but was still moving at a level of between Rp8,972 and Rp9,080 against the US Dollar.
According to Burhanuddin, the Rupiah's exchange rate still moved at a level appropriate with the central bank's estimation.
He is also optimistic that the current Rupiah exchange rate is still safe for entrepreneurs.
“This level is still good for exports and imports,” said Burhanuddin.
__________
tempo
Labels: Internet News, Money, Tax
|
