Buy or Sell?

The US dollar has become an attractive commodity as the rupiah slides against the greenback.

November 4, 2008

VALUTA Inti Prima did an unusually brisk business in the past week. On Tuesday the money changer in the Menteng area in Central Jakarta saw the number of people coming to buy and sell US dollars jump to around 600, double the number on a normal day. “I’m selling while the price is good,” said Agung, a private company employee from Pondok Gede in Bekasi,

Unlike Agung and most who came to sell, at least one woman was buying. After more than

...

More Articles