Nama : Alyssa Vania R.
NPM : 10214923
Kelas : 1EA35
The
rupiah exchange rate traded among banks in Jakarta on
Wednesday morning weakened by nine points to Rp 12,910 per US dollar
from Rp 12,901.
Samuel Sekuritas economist Rangga
Cipta said in Jakarta on
Wednesday that the dollar appreciated after the US economy data released on Tuesday evening was better than the
previous period.
He
said US inflation, which was continuously improving, was strong
enough to push the dollar to strengthen against the majority of the world’s
currencies.
“The
situation has stopped the rupiah’s strengthening trend today. However, we still see ample room for rupiah to strengthen
again in the short term,” said Rangga as quoted by Antara.
In general, the analyst said, the US
dollar could still depreciate again in light of market expectations that the US durable goods orders data
to be released later this week would decline.
Meanwhile, Bank Himpunan Saudara
financial market analyst Rully Nova said Bank Indonesia (BI), which was still present in the
foreign currency market, would fight heavier pressure on the rupiah.
Moreover, Indonesia’s foreign
exchange reserve amounting to US$115.5 billion as of the end of February was
still above the international adequacy standard for around three-month imports.
“That amount of foreign exchange
reserves can support external sector resilience and help Indonesia’s economy to
grow sustainably,” said Rully.
The analyst further said the central
bank’s policy to maintain its benchmark interest rate (BI Rate) at around 7.50
percent was considered still in line with its efforts to achieve a target of 4
plus-minus-1 percent inflation in 2015-2016.
The article posted by Jakarta Post March, 25th 2015
1st paragraph
in
Jakarta on Wednesday morning weakened by nine points
Past Tense (S + V2 + O)
2nd paragraph
after
the US economy data released on Tuesday evening
Past Tense (S + V2 + O)
4rd paragraph
The
situation has stopped the rupiah’s strengthening trend today
Past Tense ( S + V2 + O)
5th paraghraph
data
to be released later this week would decline.
Past Tense (S + V2 + O)
6th paragraph
currency market, would fight heavier pressure on the rupiah
Past Future (S + Would + V1 + O)
9th paragraph
That
amount of foreign exchange reserves can support external sector
Present Tense (S + V1 + O)
10th paragraph
The
analyst further said the central bank’s policy to maintain
Past Tense (S + V2 + O)
