REPUBLIKA.CO.ID, JAKARTA - Bank Indonesia (BI) expects export performance to improve in the second semester of 2013 to strengthen the IDR exchange rate. BI said economic condition in Indonesian trade partners had recovered.
"Several indicators in China, our main trade partner, and Singapore show signs of economic recovery," Deputy Governor of BI, Halim Alamsyah, said on Friday.
The Jakarta Composite Index (IHSG) has demonstrated that Indonesian economic gains some trust from investors. During the opening on Friday, IHSG in Indonesian Stock Exchange (IDX) strengthens 5.72 points while Indonesian currency also tends to strengthen.
During interbank transactions in Jakarta of Friday, IDR strengthened five points to 9,685 IDR per USD from 9,690 IDR. BI maintains the stability of IDR rate and keep the inflation as low as possible.
