Jakarta, cartitleloans Indonesia
–
Coordinating Minister for Economic Affairs
Airlangga Hartarto
calls the weakening
rupiah
and the drop in the Composite Stock Price Index (
IHSG
) After the transfer of the Minister of Finance (Menkeu) seats from Sri Mulyani to
Purbaya Yudhi Sadewa
Only temporary.
“This (weakening rupiah and stock index) right
temporary,
“Said Airlangga at the State Palace, Central Jakarta, Tuesday (9/9).
He considered the market conditions would adjust to the development of the situation, moreover the fundamentals of Indonesia’s economy were considered strong.
“We see a developing situation, but we also have to protect that Indonesian fundamentals are strong. So of course we will see again in the future,” he said.
Airlangga also dismissed fears of the change of state treasurer seats.According to him, it is the president’s prerogative and does not have a direct impact on the direction of economic policy.
“All of them work for red and white. So there is no concern,” he said.
He explained the pressure on the rupiah and the JCI was more influenced by sentiment than the real economic conditions.
“First, fundamental is strong, it means that this is the problem of sentiment.
Airlangga then ensures that the government remains optimistic that the financial markets will recover.
In Tuesday’s trading (9/9) afternoon, the JCI closed down 138.24 points or 1.78 percent to 7,628.Based on RTI Infokom data, the transaction value reached Rp24.52 trillion with a trading volume of 39.43 billion shares.
In line with that, the rupiah exchange rate depreciated to Rp16,481 per US dollar, down 172 points or 1.05 percent compared to the closure of the previous trade.
[Gambas: cartitleloans video]
(Del/SFR)
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