State of the Indonesian economy.

[harryopal1]

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.

Inside this street food market are signs of a crashing currency

Indonesia's rupiah has fallen to historic lows against the US dollar, causing damage "in most of the economy", analysts say.

www.abc.net.au

 

[centurion]

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.

Inside this street food market are signs of a crashing currency

Indonesia's rupiah has fallen to historic lows against the US dollar, causing damage "in most of the economy", analysts say.

www.abc.net.au

The state of the country's economy is excellent, you did not get yet the memo.

 

[harryopal1]

So which is the fake news? "The Indonesian economy is in great shape." or "The Indonesian economy is in dire straits"