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JAKARTA – In the midst of revelry foreign currency sharply higher, the dollar even more vulnerable. Uncle Sam’s currency is actually entered a period of bleak. U.S. dollar currency run over a number of hot, like the euro, yen. Even including the rupiah.

Trimming is done the American Central Bank (the Fed) on interest rate (the fed funds rate) to in world stock markets. But from the side of the exchange rate, it is inversely proportional.

How not, interest rates lure investors into is low, from 1 percent to 0-0,25 percent. This figure is lower than Japanese rates are known for its low rate, at 0.3 percent position. That means the yield or yield, either from savings or bonds do not provide significant benefits.

As a result, in trading Wednesday (17/12/2008), investors flock to chase off the dollar and currencies that are considered safe and beneficial. This condition makes the dollar a deflated instantly.

In morning trading, the dollar weakened against several major currencies. Against the euro, the dollar weakened sharply to 1.4088 per USD position. Likewise with the yen and sterling, respectively, and 99.87 per USD 1.5619. So is the currency of ASEAN and Australia.

Some analysts rate the dollar was weakening trend will continue until the beginning of the year, even during the year 2009.

“The yen and the euro is now a choice of a safe currency. This is because Japan is a creditor nation, not the debtor. Bank of Japan not separang in America,” said foreign exchange analyst Kevin Chau IDEA Global, as quoted from CNNmoney.com.

The analysts also projected that, trimming interest rates to historical lows dalan could trigger inflation in the long run. Decrease in interest rates could also be a sharp knife to reduce the value of dollar-denominated assets in the entire universe of the world.

Just to note, at this time in America today is undergoing the transition from president-elect Barack Obama and outgoing President George W Bush. In the transition period, from November 2008 until January 2009, making the Fed and the White House can not make an absolute policy. For example, the position of the Fed rate decision only target range, rather than quantity trimming.

In fact, it takes a swift manner in dealing with the American economy is up and down like a yoyo. This course was quite different from the Fed’s meeting earlier in October. At that time, the Fed cut interest firmly to one percent interest.

However, the U.S. government will not remain silent. A number of economic instruments will be used as a tool to control the financial markets in the balance. One of them by printing U.S. dollars. But, this will become a new threat. If production digencarkan dollars, no doubt the dollar will become less serrate

JAKARTA – Still the positive condition of Asian banks as the global economic crisis, a good momentum for banks in Asia to better support the flow of trade and greater investment.

“Both are very important ways that are no longer dependent on the west,” said CIMB Group CEO Dato Sri Nazir Razak, in a press release in Jakarta, Wednesday (10/6/2009).

The global crisis that occurred late in 2008 has brought a positive impact for the rise of Asian economies, particularly in the banking sector. Although, could influence interbank liquidity crisis. But still survive without needing a lot going bankrupt.

Dato said it was time banking in Asia rose from dependence on foreigners. Because the dominance of western financial system has hindered the progress of the banking sector in Asia.

Not only that, in order to establish conditions so that banks can rise from adversity to the deep collaboration between banks in Asia and challenging conventional traditions and instincts.

In addition, he also called for the role of Asian banks to be more focused on the development of the market value of domestic currency. Then the government among the countries in Asia also encouraged to step forward in investing in the countries in Asia

NEW YORK – The exchange rate of U.S. dollar strengthened against the euro after European Central Bank (ECB) and Bank of England chose to maintain the interest rate.

Currency traders predict there will be no change in interest rates for some future time. Dollar exchange rate gain support for ECB Chairman Jean-Claude Trichet said there are now signs of economic slowdown in the euro zone in which at the same time inflationary pressures increased.

The European single currency was quoted at 1.5321 dollars at around 21:00 GMT, down from 1.5408. Against the Japanese currency, the dollar again weakened to 109.46 yen from 109.76 yen the previous day. Dollar exchange rate has been declining against the euro and other currencies in the last year amid slowing U.S. economic growth. However, the dollar rose again on fears about the economic conditions in the euro zone, especially on German growth.

The market action came after the ECB, as expected, maintaining its main rate at 4.25 percent. “Board of Governors of the ECB largely neutral,” said analyst Julian Callow of Barclays Capital Research.

“Fear of visible growth prospects due to now have to cope with the risks of inflation had been built for some time.” “But, for now looks reasonable to expect no change in interest rates in the next few months,” he said.

Dollar also rose against the British pound after the Bank of England (BoE), according to market estimates, as well as maintaining its main rate remains at 5.0 this persen.Tindakan similar to the ECB and U.S. Federal Reserve to keep interest rates at 2.0 percent earlier in the week it. “We believe Bank of England has little choice benarbenar to maintain interest rates at 5.0 percent,” said Global Insight economist Howard Archer.

“The growing possibility of recession pushed interest rates decline, but is hindered efforts to limit the level and the risk of inflation,” he continued. The pound was quoted at 1.9435 dollars, down from 1.9576 in late Wednesday. In the last trade in New York, the dollar was at 1.0622 Swiss francs, up from 1.0602 francs. Meanwhile, trading the euro against the U.S. dollar turned higher bervolatilitas.

The European single currency had experienced collapse, rally (rise), then fell again in the middle of comments from the Chairman of the European Central Bank (ECB) Jean-Claude Trichet. Movement rose and fell like a “roller coaster” that occurred because of Trichet’s speech, after the ECB to maintain its main rate at 4.25 persen.Trichet mention an indication of the economic slowdown in the eurozone, as inflation pressures rise judged dangerous.

In the face of contradictory tendencies, the chairman of the ECB maintains a policy of “no bias” on interest rate policy that gives the impression mendatang.Hal told analysts that there would be no interest rate changes, up or down, the ECB monetary policy for some time to come.

At first, the euro fell to the lowest position, the middle of 1.5396 dollars in afternoon trade from 1.5502 just before Trichet berkomentar.Kemudian rose to 1.5413 dollars as traders predicted load balance the exchange rate before falling back to 1.5339 dollars. Euro stumbled amid Trichet review of weakening growth, suggesting that interest rates might fall. This makes the euro less attractive to investors.

However, it gained currency as traders focus on inflation warnings, which he opened the possibility of interest rate rises so that it can support the euro. “ECB does not appear ready to open the way higher interest rates. Inflation will push harder and the ECB may consider this risk cargo,” said Elga Bartsch of Morgan Stanley and Company International.

“An increase in the inflation projection in September ECB may open the way for higher interest rates in the rest of this year,” Bartsch added. ECB currently predicts euro zone inflation 3.4 percent this year and 2.4 percent next year. On the London Bullion Market, gold prices fell to USD871, 50 per ounce from USD879, 50 at the close of trading the previous day

Yekaterinburg – Four leaders of emerging economics yesterday held the first meeting to show unity and coordination in order to increase the influence on the world economic arena.

In the meeting, the host of Russia led by President Dmitry Medvedev. While the other BRIC members present President of Brazil Luiz Inácio Lula da Silva, Presidan China Hu Jintao and Indian Prime Minister Manmohan Singh.

All four countries known as BRIC (Brazil, Russia, India, and China) were voicing their ambitions in terms of economic growth to rival the economic power of today’s world, the United States (U.S.). Deputy Russian Foreign Minister Sergei Ryabkov said the meeting was to formulate principles in order to further develop the global financial architecture.

In a reference aimed at the U.S., he said, the forum was not directed against other nations in an effort to compete. Russia also said it would conduct advocacy in an effort to change the system of global currency reserves today.

According to the economic adviser to the Kremlin Palace, Arkady Dvorkovich, at a meeting held in Yekaterinburg, 1420 km east of Moscow, Russia delivered the issue of global currency reserves for the four BRIC countries. In addition, BRIC also focus on the replacement of the global post-crisis financial system.

“Here there is disagreement that the last thing that we know today is the turmoil in financial markets,” he said during a briefing yesterday Dvorkovich. “No one wants the fall of the dollar, including us,” he added. BRIC leaders meeting yesterday was the first time held since the financial crisis engulfing the world at the end of last year.

The meeting was considered important because the four countries emerging economics now control 15% or equivalent to $ 60, 7 trillion from the value of the global economy. Before following the agenda of BRIC, Russian President Dmitry Medevdev the Shanghai Cooperation Organization meeting (SCO) in which China and Russia became one of the participants stated that the group consists of four countries that will discuss the use of national exchange rates in trade with a other currencies

JAKARTA – Trade dollars at the foreign exchange market on Thursday trading (9/10/2008) is still in the weakening trend.

“The market is still panicky. It must be vigilant,” said foreign exchange analysts Farial Anwar, when contacted Legal, in Jakarta, Wednesday (8/10/2008) night.

Comparison of the weakening of rupiah exchange rate using the percentage used, it would be confusing.
Because, compared to currency neighboring countries such as Thailand or Singapore nominal exchange rate to reach thousands of dollars the United States.

“We have weakening rupiah just one percent, its value could lose many. When Thailand’s weakening currency or a higher percentage singapore still small nominal. It is estimated that the rupiah could strengthen against the dollar tomorrow,” he explained.

According to him, the rupiah is still going to move in the range Rp9.550-Rp9.750 per USD.

Meanwhile, Bank Indonesia (BI) rate, this time due to the depreciation of the rupiah is still low and within normal limits, which is about two percent.

The central bank will continue to be committed in the market to maintain the stability of the rupiah movement in order to remain in a reasonable range.

Senior Deputy Governor Miranda Goeltom Swaraj said that the rupiah exchange rate is an important aspect that must be monitored and alerted their movements because of its influence can be extended to inflation.

According to Miranda, the weakening of the rupiah is going to something reasonable given the turmoil in global financial markets.

To that end, BI will continue to be in the market volatility and to avoid excessive fluctuations in order to not cause new anxiety.

Currently, the position of local currency is still up in Rp9.500 per USD level amid kisruhnya the domestic stock market.

In foreign exchange trading at 16:30 pm, Wednesday (8/10/2008) rupiah weakened to a position of 35 points per USD Rp9.595