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 [...]
December 2nd, 2008
jacky
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