From Strength to Strength
The rupiah has continued to strengthen over the past three weeks.
May 27, 2003
THE whizzing sound of bullets in Nanggroe Aceh Darussalam during the past few days has not weakened the value of the rupiah. The clashes between the Indonesian Government and the Free Aceh Movement (GAM) which have entered their second week do not appear to have much influence on the strength of the rupiah. What happened is the opposite: the rupiah continues to strengthen. That is not all; during the month of May 2003, the rupiah strengthened
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