Fed decided to raise the Fed rate by 25 basis points to 0.75%

Good morning, Mr. / Madam.,

USD / IDR this morning Thursday, December 15, 2016 opened at 13340/13385 level and is expected to be traded in the range 13300-13390.

From the global FX markets yesterday, the Fed decided to raise the Fed rate by 25 basis points to 0.75%. The Fed also projected rise in interest rates three times in 2017 in line with policy plans related Trump tax cuts and increased fiscal spending to boost growth in the US economy. Meeting the FOMC decision to encourage the strengthening of the USD against other currencies such as USD / JPY rose to 1:57 through the level of 117%, AUD / USD fell to 0.7408, EUR / USD dropped to the 1.0480 level and the GBP / USD dropped to the 1.2540 level.

From the domestic FX trading, USD / IDR yesterday traded in the range of 13.275 to 13.300 and closed at 13.296. Today Bank Indonesia (BI) will announce the results of the Board of Governors (RDG), which some analysts predict that the central bank will maintain its BI 7-Days Reverse Repo Rate at 4.75%.

The closure of the stock exchange December 14, 2016:

JCI -0.58%

Dow Jones -0.60%

Nikkei + of 0.02%

Straits Times -0.04%

Gold $ 1.137

Crude Oil $ 50.87

Foreign Exchange rate indication, December 15, 2016 at 8:40 pm:

USD / IDR: 13345/13375

EUR / IDR: 14055/14075

GBP / IDR: 16785/16805

JPY / IDR: 113.85 / 114.05

AUD / IDR: 9925/9945

SGD / IDR: 9300/9320

CNH / S: 1918/1936

FORWARD USD / IDR

1week: 13365/13390

2weeks: 13377/13403

1month: 13415/13442

2months: 13460/13500

3months: 13540/13575