SMART MONEY
Time to Divest Investments

The rupiah exchange rate is at its highest against the US dollar this year. Time to hunt for shares and bonds.

October 13, 2009

AFING has been closing up “shop” these past few weeks. The retail moneychanger is taking a break from selling foreign currencies. But he continues to buy. He doesn’t hesitate to buy American dollars every time someone offers him the US currency.

“To sell, these weeks I’m putting them on hold,” said the 45-year-old man on Friday of last week. The strengthening of the rupiah exchange rate, the weakening of the dollar, forced Afing to r

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