Rupiah hits psychological support of 12,000/dlr

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#1
The Indonesian Rupiah continue to devalue...

Rupiah hits psychological support of 12,000/dlr

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.

- Reuters
Source: Business Times Breaking News
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#2
1 SGD = 9,552.2600 IDR
https://www.google.com/finance?q=SGDTHB&...Iq4kgWy-AE
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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#3
Combine with a weakening Aussie $ and Indian rupee, this does not bode well for Singtel's performance next year......Undecided
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#4
More strikes but hope no commotion.
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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#5
Weakening of currency is an easy way out for misguided policies. However to commoner, saving just keep disappearing.

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corylogics.blogspot.com/


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