This Year, Rupiah Is Predicted Will Be Number 1 In Asia
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.
Women Entrepreneurs Tend to Be More Professional
Women
entrepreneurs have shown their movement in the economic development of
Indonesia. The minister of Cooperatives and SMEs Sharif Hasan told a group of
women entrepreneurs are proactive in improving the welfare at least in their
family.
“Women
Entrepreneurs is a group of active women who have dared to take the initiative
in economic development in order to improve the welfare of the family,” said
Sharif at the Young Entrepreneur and Independent Young Technopreneur 2014 in
Senayan, Wednesday ( 15/01/2014 ).
Moreover,
Sharif said that women entrepreneurs tend to be more professional. “Women
entrepreneurs are more responsible and professional in managing finances,” he
said .
Sharif
said the government and banks have supported women entrepreneurs by providing
financing access. Such access is expected to provide an opportunity for women
entrepreneurs to develop their business.
“In
2013 the business credit (KUR) has exceeded U.S. $ 137 billion to 10 million
borrowers. All financial access has been implemented” said Sharif.
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