NAMA : LILA WATI
KELAS : 4EA13
NPM
: 14212202
Simple Past & Present Perfect Tense
Some analysts of the most accurate version of
Bloomberg predicted that Rupiah will rise from the worst position to be the
number one among other Asian currencies this year.
According to Lloyds Banking Group Plc, the
rupiah will strengthen by 6.8 percent in 2014 to a level of 11,400 per U.S. dollar. Meanwhile, Societe Generale SA will see the rupiah was
at 10,250 at the end of next year. In comparison, the median of 23 analysts surveyed by Bloomberg predict the rupiah
will be at the level of 12,200 per U.S. dollar.
Among the 10 countries of Asia, only China
can beat Indonesian growth.
There are several factors that will
allegedly keep the Rupiah. One of them, a steady growth of the Indonesian economy
and the reduce of trade deficit. Two factors are again the main attraction for
foreign funds to re-invest in Indonesia.
“We
predict the current value of the rupiah is below as it should be (undervalued)
considered the dynamic growth in Indonesia,” said Jeavon Lolay, Global
Research Director of Lloyds .
He added that the Indonesian economy will move in line
with the positive growth in the global economy, which in turn will help to restore the
level of exports in the next second quarter.
As a record, Indonesia’s currency has gained 0.7 percent
this month to 12,085 per U.S. dollar. This is the best reinforcement
among 11 Asian most frequently currencies traded.
