Rupiah traded at the level of 9,675 per dollar in inter-bank transactions from earlier position of 9,680, Trust Securities` analyst Reza Priyambada said here on Wednesday.
Rupiah strengthened slightly in response to GDP announcement.
Reza said the country`s GDP in the last quarter of 2012 rose 6.11 percent from the same period in 2011, but fell 1.45 percent from the third quarter in 2012.
Year-on-year, the country`s GDP grew 6.23 percent slower than a growth of 6.5 percent in 2011.
Reza noted negative sentiment came from Europe with the growing political risks in Spain and Italy .
"Poll in Italy showed weakening support for reform and in Spain political corruption scandal disturbed stability," he said.
Milenium Danatama Sekuritas` market observer Abidin said foreign capital still entering the domestic stock market is a driver propping up rupiah.
"Foreign market players still entering the domestic market encouraged by the strengthening of the BEI index," Abidin said.(*)
Editor: Heru Purwanto
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