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JurnalHub . The movement of the rupiah exchange rate traded between banks in Jakarta on Friday morning again weakened. The rupiah weakened 55 points to Rp. 14,554 compared to the previous position of Rp. 14,499 per US dollar. Head of Monex Investindo Futures Research, Ariston Tjendra said money market players tend to take a wait and see position ahead of the Federal Open Market Committee (FOMC) meeting on December 18-19. "Although the confidence level of the Fed's interest rate decrease, but it cannot be assumed that the Fed does not raise interest rates, which makes the market position wait and see transactions in risky currency assets tends to decline," he said. On the other hand, he continued, the market was also still overshadowed by the turmoil of a trade war even though at this time the relative tension had begun to subside. "A trade war is expected to continue until 2019," he said. In addition, he continued, the US dollar was also supported by increased e...

KolomMedia . Optimism for improving the domestic economy began to appear at the beginning of the year. Domestic economic growth in the first three months was at least better than the same period last year. The release of the Central Statistics Agency (BPS) showed the economy grew 5.06 percent, while in the first quarter of 2017 only 5.01 percent. Hopes that the economy will grow even more will increase, after in the following quarter economic growth was even higher at 5.27 percent. However, in the third quarter economic growth declined to 5.17 percent. If the average economic growth throughout the three quarters is economic growth only 5.17 percent, while in the 2018 State Budget the economy is targeted to grow 5.4 percent. Economic growth throughout 2018 is also expected to be in the range of 5.1-5.2 percent. For next year, the economy is also predicted to grow at a level that is more or less the same as this year. While the 5.3 percent economic growth target in the 2019 State Budget ...