Rupiah Continues to Weak, Economist Experts Ask the Government to Do a Strategy to Reduce Business Actors' Turmoil

By : Herry Barus And Aldi Firhand. A | Wednesday, August 15 2018 - 22:41 IWST

Rupiah - Jakarta, The impact of the economic crisis that hit a number of countries in Europe affected the rupiah exchange rate against the United States dollar (US), even a number of countries in Southeast Asia experienced the impact of the crisis.

<> The government under the leadership of President Joko Widodo-Jusuf Kalla is currently trying to implement an economic strategy so that there will be no turmoil in the community, especially for business people.

Some observers predict that the difficult situation faced by Indonesia will last a long time. This was spurred by the tightening of the US currency and interest rates. If the government does not quickly conduct and seek solutions, the rupiah will be worse off.

Gadjah Mada University Economist Expert Tony Prasetianto believes that the development of the real activity of the glibal economy is still very good.

"This is indicated by the healthy growth rates that occur widely in developed and developing countries," Tony said in a discussion entitled "Dollar vs. Rupiah" in Jakarta (08/14/2018).

At present the US is one of the countries with the most promising economic performance, with growth in an upward trend. Economic growth followed by the unemployment rate which continued to decline to touch 3.8 percent in May 2018 or the lowest in the last 18 years.

"In the future, real economic activity in the global economy is expected to remain solid despite moving in a moderate direction which is seen in the international trade index (Baltic Dry Index) and manufacturing index (PMI Index) which are in an expansive direction," Tony explained.

Tony emphasized that international trade still shows a negative contribution in line with the high imports related to domestic production activities.

"For several months, Indonesia's trade balance in 2018 experienced a deficit more often than in the previous year. Although exports from January to May 2018, grew 9.65%. Imports are growing faster, especially for non-oil and gas imports, "he concluded.

News Comment

Today's Industry

Kementan dan teknologi iradiator

Sabtu, 22 September 2018 - 21:30 WIB

Ministry of Agriculture Utilizes Gamma Iradiator Technology to Encourage Fresh Fruit Exports

South Tangerang - Indonesia as a tropical country has quite high fruit variants. Every region in the country has superior products and has been planted on a fairly large scale. In addition to…

Mentan Amran

Sabtu, 22 September 2018 - 21:00 WIB

Optimistic Minister of Agriculture Indonesia Can Have the Best Training Center in the World

Lembang - Agriculture Minister Andi Amran Sulaiman made a working visit to the Lembang Agricultural Training Center (BBPP) on Thursday (9/21). During this visit, Amran called on the employees…

Mentan Andi Amran Sulaiman, Menteri BUUMN Rini Soemarno, Menteri Desa PDT (Foto Humas)

Sabtu, 22 September 2018 - 20:30 WIB

Take Good Care of Agricultural Production, The Performance of the Minister of Agriculture Amran Asked not to be disturbed

Jakarta - Minister of Agriculture (Minister of Agriculture) Amran Sulaiman is considered to have demonstrated maximum work in maintaining the stock of food availability. Production in the agricultural…

Kepala (BPPSDMP) Kementan Momon Rusmono

Sabtu, 22 September 2018 - 20:00 WIB

Ministry of Agriculture Affirms the Commitment of Farmers' Welfare in the Main Meeting of the KTNA Group

Pangkal Pinang - Ministry of Agriculture affirms its commitment to encourage national food productivity to improve farmers' welfare. The existence of farmer groups is very important to empower…

Jaksa Agung, HM Prasetyo

Sabtu, 22 September 2018 - 19:30 WIB

AGO Appreciates Lombok's Earthquake Fund OTT

Jakarta - Attorney General Muhammad Prasetyo appreciated the performance of the Mataram District Prosecutor's Office, West Nusa Tenggara, who carried out the Lombok earthquake fund capture operation…