REPUBLIKA.CO.ID, JAKARTA -- Last week, the exchange rate of rupiah was in a weak position in against the US dollar. Indonesia NH Korindo Securities analyst, Reza Priyambada, said that sentiment toward rupiah came from release of core inflation and a drop in unemployment claims in the United States (US).

The news from the US, according to Reza, then became attention of the global market. The economic indicators, he added, would be an indication of economic health of the US and plan of interest rates movement that will be done by the US central bank (the Fed).

Meanwhile, the decline of crude oil prices were not too responded negatively.

"US Department of Labor has released the unemployment claims data and level of consumer price index. The US announced a deflation of 0.1 percent for August, but in annual terms, the inflation was 0.2 percent," said Reza, Sunday (18/10).

However, he said, some US economic data still showed its weakness. This made the US dollar index still weakened in global foreign exchange spot market.

"Retail sales growth below estimates give an opportunity to a number of regional currencies to strengthen, rupiah was also helped with the conditions," he explained.

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