Jakarta, Bank Indonesia (BI) recognizes the assumption of the rupiah in the 2011 state budget amounted to USD 9.250/US $ is irrelevant. Because the rupiah value of the mean in 3 months to reach USD 8.700/US $.
The central bank is ready to provide proposals to the government to revise the assumption of the rupiah in 2011.
If the 2011 state budget assumptions 9.250/US $ exchange rate of USD for the full year 2011 is still too high at this time. Our estimates to the front and the remaining years of this entry will try to see and predictions and is ready to give suggestions how the exact exchange rate, said Deputy Governor of Bank Indonesia, Hartadi A Sarwono on Building the BI, on Tuesday (12/04/2011).
According to him, the rupiah exchange rate will still be strengthened in line with the incoming flow of foreign capital. Until March 2011 only, Sarwono said the rupiah exchange rate on average in the range of USD 8.700/US $.
Inflow will come in and exchange rate trends will be strengthened, that underlie the government to revise or intend to do revision. Because we also see the value of the average exchange rate USD 8.700/US $ until March 2011, it is clear Hartadi.
As is known, the strengthening of the rupiah is happening right now make the assumption the government would revise the calculation of dollars in state budget 9.250/US $ 2011 from Rp to Rp 9.000/US $.
Acting Head of fiscal policy (BKF) Brodjonegoro Bambang said the government also would change the calculation of the current oil price assumption is U.S. $ 80 per baral. But not yet certain number of changes.
Tuesday, April 12, 2011
BI: As of March, the rupiah at Rp 8.700/US $ Moves
