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Thread: Rupiah hits psychological support of 12,000/dlr

  1. #1
    Join Date
    May 2012
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    Default Rupiah hits psychological support of 12,000/dlr

    http://www.businesstimes.com.sg/brea...0131128#rupiah

    [SINGAPORE] The Indonesian rupiah hit a psychologically important support at 12,000 (S$15,056) per dollar on Thursday, for the first time in almost five years.
    The rupiah was quoted at 11,980/12,000 per dollar as of 0310 GMT, 0.8 percent weaker than Wednesday's close of 11,880.
    A Jakarta-based trader said the Indonesian currency was traded at 12,000 per dollar.
    It had been stronger than that level since March 2009, according to Thomson Reuters data.

  2. #2
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    Default

    1 Sgd 10.000 rupiah is coming

  3. #3
    Join Date
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    Default

    I can still remember when my family first hired an Indonesian helper in end 1997, it was SDG $1 to Rupiah 6000, wow, now almost 10000!

    Inflation has risen so much there.
    Last edited by princess_morbucks; 28-11-13 at 12:50.

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