Despite no change to the BI rate, the Indonesian rupiah exchange rate continued its downward trend. Market participants have more confidence in currencies that show a stronger and clearer performance. Ahead of a possible winding down of quantitative easing, the US dollar is still investors' darling. The Euro also appreciated as industrial production of the Eurozone showed an improvement. The Pound Sterling also gained after the Bank of England stated that the economy of Great Britain will expand 1.4 percent in 2013, instead of its previous assumption of 0.6 percent. 


| Source: Bank Indonesia

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