Jakarta (ANTARA News) - The Indonesian currency rupiah lost five points against the US dollar on Thursday as investors worry about the US fiscal issue which drives the high demand of dollar as a safe haven currency, according to a researcher.

Rupiah traded at 9,610 to the US dollar in inter-bank transactions, weakening from the level of 9,605 earlier.

"Euphoria of Obama`s re-election will affect risky assets only temporarily," Monex Investindo Futures' researcher Ariston Tjendra said on Tuesday.

He stated that the negative sentiment in the risky capital market remains strong, but the voting by the Greek Parliament on the new saving package could impact investors.

Moreover, he continued, the European Central Bank (ECB) which showed a negative growth outlook in the European zone restrained the investors from investing in risky assets.

Meanwhile, Trust Securities analyst Reza Priyambada stated that the rupiah exchange rate is still driven by investors who prefer to wait and see the critical agenda, including Greece which has urged politicians to agree with the savings as much as US$17.3, obtained from the policy of tax hikes and pension cuts.

Priyambada added that the investors are awaiting the interest rate which will be announced by ECB, South Korea Bank and Indonesian Bank (BI).

"However, the US presidential outcome does not change the fiscal and monetary outlook," he said.(*)

Editor: Heru Purwanto
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