State of the Indonesian economy.

harryopal1

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Aug 4, 2016
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Evidently the Indonesian rupiah has reached an historically all time low against the US dollar. Prabowo's response in May to the decline of the IDR is looking very thin. "No matter how many thousands the dollar reaches, people in villages don't use dollars. The ones worried are those who frequently travel abroad,"

While government is trying to contain inflation that becomes increasingly difficult as the Rupiah continues to slide. An interesting although ominous article with the Aus ABC website today.

 

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