Quote:
Originally Posted by retirebatam
The expected result will be the world currency will devalue again against US dollar. Then if spore tighten policy or raise interest rate again, Sing dollar will again appreciate against the rupiah and expected that the exchange rate of sing dollar probably by then will be more than 11500 rupiah or worst liao.
Strong sing dollar reduce our overseas spending in our neighbouring countries due to stronger buying power...
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This is economics...when rupiah is down but Indon paid more to buy in USD...so the goods will be more expensive including raw materials and fertilizers...consumers will pay more in rupiah to buy same goods...all these just matter of times...