Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Indonesian Rupiah Falls for a Second Day on Europe Debt Concern

Indonesia’s rupiah declined for a second day on concern Europe’s debt crisis will sap demand for emerging-market assets.

The currency traded near a two-week low as the MSCI Asia Pacific Index of regional shares fell. Foreign ownership of Indonesian government debt slid to 222.76 trillion rupiah ($24.4 billion) as of Dec. 23, from 223.7 trillion rupiah a week earlier, finance-ministry data show. Italy’s 10-year bond yields reached 7 percent yesterday, the level that spurred Greece, Ireland and Portugal to seek bailouts. The rupiah also dropped on speculation importers bought dollars.

“There is some risk-reduction in the regional markets because of Europe,” said Tetsuo Yoshikoshi, a senior economist at Sumitomo Mitsui Banking Corp. in Singapore. “At the end of the year, dollar demand from importers is more than usual and that may be putting pressure on the currency.”

The rupiah weakened 0.8 percent to 9,145 per dollar as of 3:15 p.m. in Jakarta, according to prices from local banks compiled by Bloomberg. It touched 9,200 today and yesterday, the weakest level since Dec. 15. The currency has dropped 1.5 percent this year, headed for first annual decline since 2008.

The yield on the government’s benchmark 8.25 percent notes due July 2021 fell seven basis points, or 0.7 percentage point, to 6.04 percent today, according to the midday prices by Inter-Dealer Market Association.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.