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Detik.com October 8 - The rupiah continued to move strengthened and now stand at 9400 levels of per U.S. dollar. However, profit taking is predicted to block the rate of the rupiah pengautan today.

In trading Wednesday (7/10/2009), the rupiah strengthened opened again to 9420 per dollar, compared to yesterday's closing level of 9440 per U.S. dollar.

Rupiah since the last two weeks moving very significant indeed. Foreign capital flows to emerging markets to use the momentum weakening U.S. dollar makes dollars more powerful. And the strengthening of the rupiah happened at all without the intervention of BI.

While the U.S. dollar in global markets worse off after the report Gulf countries will take off using the U.S. dollar in oil transactions.

Euro scoop to 1.4715 dollars, compared to 1.4648 earlier in the level of dollars. The dollar also weakened the yen to 88.82 yen positions, compared to 89.51 yen earlier on.

"In the end the movement with oil trading currency allows more varied. But in our view, reports The Independent's made it to occur more than necessary," said Barclays Capital analyst, Adarsh Sinha was quoted as saying by AFP.


English daily 'The Independent', citing a source said, the Arab countries are now serious talks with Russia, China, Japan and France to replace U.S. dollar with a collection of gold and currency to trade oil in 9 years.

The Independent in its headline to write a special report titled "Death of dollars". The report was written, the Arab countries will use the 'basket of currencies' which contains a combination of yuan currency, euro, gold and some other currencies for oil transactions.