No More Compromises
Tuesday, May 22, 2001
TRADERS IN Jakarta's Glodok area, where many of Indonesia's electronic goods are sold, are now little more than money market players. The active rupiah—unfortunately, actively weakening against the US dollar—means they have to be on guard each and every day. The fall in the rupiah, which has lost more than 35 percent of its value since the beginning of the year, has meant that the prices of electronic goods, audiovisual products in part
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