BR100 Increased By (0.32%)
BR30 Increased By (0.16%)
KSE100 Increased By (0.09%)
KSE30 Decreased By (-0.04%)
BECO 5.93 Decreased By ▼ -0.10 (-1.66%)
BML 57.50 Increased By ▲ 4.75 (9%)
BOP 34.10 Decreased By ▼ -0.15 (-0.44%)
CNERGY 8.19 Increased By ▲ 0.03 (0.37%)
DCL 12.12 Decreased By ▼ -0.22 (-1.78%)
FCCL 53.90 Increased By ▲ 0.01 (0.02%)
FCSC 5.27 Increased By ▲ 0.05 (0.96%)
FFL 18.00 Decreased By ▼ -0.03 (-0.17%)
FNEL 1.32 Increased By ▲ 0.02 (1.54%)
HUMNL 11.22 Increased By ▲ 0.22 (2%)
KEL 8.12 Increased By ▲ 0.01 (0.12%)
KOSM 5.46 Increased By ▲ 0.08 (1.49%)
MLCF 88.60 Increased By ▲ 0.55 (0.62%)
NBP 186.36 Decreased By ▼ -0.12 (-0.06%)
PACE 10.95 Increased By ▲ 0.23 (2.15%)
PAEL 40.42 Increased By ▲ 0.48 (1.2%)
PIAHCLA 26.29 Increased By ▲ 0.12 (0.46%)
PIBTL 17.34 Increased By ▲ 0.02 (0.12%)
PPL 231.90 Decreased By ▼ -0.88 (-0.38%)
PRL 34.90 Decreased By ▼ -0.05 (-0.14%)
PTC 66.70 Decreased By ▼ -0.86 (-1.27%)
SEARL 91.45 Increased By ▲ 0.52 (0.57%)
SSGC 27.15 Decreased By ▼ -0.02 (-0.07%)
TELE 8.66 Increased By ▲ 0.09 (1.05%)
THCCL 64.54 Increased By ▲ 4.41 (7.33%)
TPLP 9.17 Increased By ▲ 0.41 (4.68%)
TREET 24.68 Increased By ▲ 0.14 (0.57%)
TRG 72.60 Increased By ▲ 0.85 (1.18%)
WAVES 10.70 Increased By ▲ 0.72 (7.21%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)

imageJAKARTA: Indonesia's vice president on Wednesday said having the rupiah trade at 12,500 per dollar was good for economic stability.

"For stability, I feel that (rupiah) at 12,500 would be good," Vice President Jusuf Kalla told reporters.

Kalla said the rupiah's recent depreciation could help exports.

The rupiah struck a 16-year low of 12,930 on Tuesday, then climbed back a bit. It was trading at 12,725 at 0540 GMT Wednesday.

Copyright Reuters, 2014

Comments

Comments are closed for this article.