Thrift TP PKK, Give Subsidies USD 40.9 million

Face widths, Fueling Team Empowerment and Family Welfare (PKK) Purbalingga held a bazaar. This time it was held in the village of Losari District Apex court over two days, Tuesday – Wednesday (30-31/7).
Chairman PKK Purbalingga, Sudarli Sudjatmoko Heru said the activity is a concern held by the PKK against cheap basic food needs for the community, especially the poor.
“In order to ensure cheap food packages on target, we give coupons to those entitled to purchase,” he said.
Overall, further Sudarli, turnover of sales of goods that are provided for low market activity reached USD 158.475 million. With total subsidies provided by the Department and women’s organizations market participants priced Rp 40.975 million.
Meanwhile, Purbalingga Regent Heru Sudjatmoko, when opening the asking people who have better financial capability, providing opportunities brothers underprivileged citizens, to first utilize the facilities provided cheap groceries.
“That is, give an opportunity to the people who duitnya bit. Allow their first purchase, so that they can be assisted in meeting their needs before Eid,” he said.

Rupiah per U.S. dollar position Rp10.275

Jakarta – The rupiah rose slightly on Wednesday morning at five points to Rp10.275 per U.S. dollar compared to the previous position Rp10.280.

“The movement of the exchange rate higher but not significantly, the domestic currency fluctuations it is still in a stable condition,” said the Head of Research Securities Trust Reza Priyambada in Jakarta on Wednesday.

He added that the statement of President Susilo Bambang Yudhoyono that Indonesia’s economic fundamentals are still good, also welcomed the positive some market participants.

Nevertheless, he continued, some economic data is still negative as inflation data, foreign exchange reserves, to Indonesia’s trade balance deficit will overshadow the BEI index movement.

He added that market participants are still taking a wait and see position following a meeting of the Fed’s decision in FMOC (Federal Open Market Committee).

“The U.S. dollar is also moving stable against major world currencies ahead of the FMOC decision,” he said.

Head of Research Futures Monex Investindo Ariston Tjendra said recent rumors about the planned reduction of monetary stimulus from the Fed talked about because the U.S. economic data that was released not too bad.

“Conditions that could make the U.S. dollar tends to move higher again,” he said.