Crushed By The Greenback
Tuesday, August 30, 2005
Businesses are hesitant to raise prices. Meanwhile, the government seems to undermine the impact of the rising dollar.
arsip tempo : 173162317474.
AFTER three years of moving slowly, the US dollar last week soared to above Rp10,000. For all of last week, the dollar continued to creep upwards. The currency has reclaimed its position as the specter of the business world. This is the second beating entrepreneurs have taken recently.
Before this, owners of small- and medium-sized businesses, were already worried about how they would manage with the increase in fuel prices. At the beginning of
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