REPUBLIKA.CO.ID, JAKARTA - Bank Indonesia (BI) predicts that IDR currency againts USD will improve this year following better national economic. 

BI Governor, Agus Martowardojo said that the better prospect was seen from trade balance, current account deficit, balance of payment and also controlled inflation in fourth quarter of 2013. He said that the strengthening IDR against USD was related to global economic recovery, particularly in US and China.

"There will be a reduction on US monetary stimulus. We must cautious with this situation," Martowardojo said recently.

Depth of money market transaction keeps continuing but it needs some improvement because the demand for foreign exchange must be supported with good supply.

The strengthening of IDR currency is also influenced by result of general election this year. Market acceptance toward the elected leader will lead to transformation in Indonesia. 

In second semester of 2013, IDR against USD began to rise until the end of the year. On July 1, 2013, IDR currency in Jakarta Interbank Spot Dollar Rate (JISDOR) reached 9,934 IDR per USD. It rose to 11,593 IDR per USD on October 1, until 12,263 IDR pe USD on January 9, 2014.

On Thursday, BI announced a surplus of 4.4 billion USD on Indonesia's balance of payment compared to third quarter of 2013. 

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