Monday, May 26, 2014

Finance Minister: Euro Weakens Cause Crisis Thailand

Finance Minister Chatib Basri said, the rupiah weakened these days due to two factors , namely domestic and sentiment coup in Thailand .

" Indeed, I think there is an impact to us , but I think it is limited . But I do not know , the rupiah weakened because of the situation in Thailand or domestic situation .

When I read in the media , I read , everything said because the domestic situation ( after the establishment of two couples -vice presidential candidate ) . But at the same time Thailand is also no effect , " he said , Monday ( 05/26/2014 ) .

Chatib added , imports in April is expected to rise . Not only from the influence of Thailand , but also the companies have started to import a lot of raw and auxiliary materials , after getting a loan from a bank .

" So , I do not overly surprise , for example, this April could be a small surplus , or even be a deficit , " he said .

Today the exchange rate depreciated by 0.63 per cent to 11,633 per U.S. dollar RP .
( Read: sangkar burung kacer )

Associated with the trade , the Central Statistics Agency ( BPS ) recorded a trade deficit with Thailand Indonesia decreased from 402.9 million U.S. dollars in February 2014 , became 371.9 million U.S. dollars in March 2014 .

" The political situation in Thailand that disrupted production in Thailand's chaotic , " said Hadi Wibowo Sasmito , Deputy for Distribution and Services Statistics BPS , BPS Head Office , Jakarta , Friday ( 05/02/2014 ) .

Due to decreased production of Thailand , Thai exports to other countries including Indonesia also declined . However , this decrease in supply causes the price of goods produced in Thailand are also practical ride .

" Car prices in April rose , especially those from Thailand . Impact of Thailand to the average price of Indonesian car from there , due to reduced production . Because the volume down , while we do not need a car ride less precisely , so run to the price , "said Sasmito .v


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