Economic Factors That Affected The Kurs Dollar In 2015

The Indonesian Rupiah (Rp) may be the official currency of Indonesia and is also subdivided into 100 sen. The name "rupiah" comes from Sanskrit word rupya (means wrought silver). Informally, Indonesians also employ the word "perak" (silver) in referring to rupiah.

As Asian nations navigate the hazards and opportunities presented by tumbling energy prices and also the rising US dollar, policymakers across the region face a delicate balancing act - none more so in comparison to Indonesia.

The worldwide economic recovery has continued to advance, supported by the increasingly solid United states economy. The rupiah depreciated against the kurs dollar (United states dollar exchange rate to rupiah), mainly on account of continued strengthening of kurs dollar against all world's currencies. The weakening from the Euro currency due to the European Central Bank's quantitative easing program has added pressure on the Emerging Markets' currency, including kurs dolar.

The Indonesian government announced a package of measures in March built to boost foreign currency receipts, including anti-dumping measures and tax breaks for investors that reinvest dividends in america. Indonesia also reported small trade surpluses in January and February. But economists warn this might come under pressure in the second half of the year as planned infrastructure spending drives up imports of machinery and equipment - just like the US Federal Reserve is predicted to get started tightening.

Indonesia's economic rise in 2015 begins to improve and likely to be generally superior to that in 2014. Economic growth in the First Quarter 2015 is projected to become higher than that of the prior period, as inflation and kurs dollar is stored in check. Looking ahead, the entire-year 2015 economic growth needs to be between 5.4-5.8%, mainly driven by higher investment due to the realized infrastructure projects and improved invesment climate, along with the continued strong consumption and the gradually improving exports.