REPUBLIKA.CO.ID, JAKARTA -- Deposit Insurance Agency (LPS) predicted rupiah remained at Rp 14 thousand per dollar until the end of 2015. Meanwhile, in 2016, rupiah is probably at Rp 13,500 to Rp 14 thousand per US dollar.

Director of Group Risk of Economy and Financial System LPS Doddy Ariefianto,  said climate fix of the exchange rate at the end of the year could occur as the improvement of economic growth.

"The improvements can occur as repair of all indicators. How is BI rate position, how much the inflation, and how the position of rupiah against the US dollar," he said in Jakarta, Wednesday (9/9).

He explained that by the end of December 2015, inflation was estimated at below five percent or about 4.3 percent. Meanwhile, the Third Party Fund (DPK) and credit were respectively at 12 percent.

The current account deficit of Indonesia still had potential to increase in the third quarter of 2015, following the seasonal pattern. Doddy added, that although economic growth was expected to improve, but it still would curb the import performance.

Export improvement was still constrained by commodity prices and weak regional economic activity.

"Recent data indicated that the trade surplus will still sustain the performance of the current account in the second quarter of 2015," said Doddy.

According to him, the financial account would face pressure in the third quarter of 2015 due to high volatility in global financial markets. From 1st July to 19th August 2015, foreign investors in the stock market posted net sales of Rp 4.78 trillion.

"In the same period, foreign holdings of government securities fell to Rp 4.82 trillion," he added.

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