‘Imaginary’ Rupiah a Virtual Reality?

JUST as there are many roads that lead to Rome, there are also lots of ways of making a profit. This is perhaps an apt slogan for those overseas players who enjoy speculating on the rupiah. After being hit by the Bank Indonesia (BI) regulation that limits overseas rupiah transactions and forbids loans to non-residents, they have been scratching their heads over how to continue their speculation. And, of course, Singapore banks are masters at any ...