Archive for the ‘Global Crisis’ Category

Bank Indonesia Suggestion shows poor reaction from market

Indonesian Reserve Bank did nothing in Money Market after rupiah declined 200 points or down to Rp.12.300/Rp.12.500 per USD from previous day set around Rp12.100/Rp12.300 per USD. Although Indonesian Reserve Banks attempt to save the rupiah, Domestic Demand for Rupiah is still higher-makes Bank Indonesia Experiment doesn’t result anything. High of Domestic Demand pains Bank [...]

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