EXCHANGE RATE
Unwanted Strength

IT is not every day that the regional leaders of the Indonesian Exporters Association (GPEI) take part in a routine headquarters evaluation meeting like they did Friday two weeks ago. In the office of the Secretariat of the Association of Indonesian Textiles, at the Adi Graha building, in Jalan Gatot Subroto, Jakarta, these entrepreneurs discussed an important agenda: the effect of the rupiah appreciation.

During the last six months, the rupiah

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